Jon Quast

Well, price does matter, in particular, the bigger that the company gets and the lower the long-term growth prospects become.

Absolutely.

To quote the great Warren Buffett, growth is a component of value.

If you're going to calculate what is a good valuation for a company, you need to also be able to calculate what are the realistic growth prospects.

When you have a small company, yeah, growth is going to be a lot easier than a large company looking to do the same thing.

Absolutely.

When you have a dividend king, such as Target, having an all-time high dividend yield of about 5%, the market is saying, we don't buy this.

We do not believe that this company is going to continue to grow profits and continue to increase that dividend.

The market, a high percentage of investors are doubting

that potential.

I'm going to disagree kindly with Rachel here, because I think that the problem here is, it almost sounds like they are doubling down on what's not working.

When I hear about remodel, when I hear about private label, which they already have private label, it's not like they're launching a new private label.

This is doubling down on what's not working.

When you promote the COO to the CEO,

doubling down on it.

And maybe it works.

Maybe it does work.

Maybe this is the correct direction for the company.

But it does sound like, hey, we're going to keep moving forward in futility here.

So, yeah, I understand why the market doubts it.