Better Buy: Walmart vs. Target Stock
Walmart (NYSE: WMT) and Target (NYSE: TGT) both survived the retail apocalypse that wiped out many brick-and-mortar retailers over the past 15 years. Both of these superstore chains kept growing by staying away from dying malls, renovating their stores, expanding their e-commerce marketplaces, and using their brick-and-mortar stores to fulfill online orders. They also matched Amazon's prices while expanding their own subscription services.But over the past three years, Walmart's stock rallied more than 140% as Target's stock sank nearly 40%. Let's see why the former outperformed the latter -- and if it remains the better superstore play.Image source: Getty Images.Continue reading
Walmart (NYSE: WMT) and Target (NYSE: TGT) both survived the retail apocalypse that wiped out many brick-and-mortar retailers over the past 15 years. Both of these superstore chains kept growing by staying away from dying malls, renovating their stores, expanding their e-commerce marketplaces, and using their brick-and-mortar stores to fulfill online orders. They also matched Amazon's prices while expanding their own subscription services.
But over the past three years, Walmart's stock rallied more than 140% as Target's stock sank nearly 40%. Let's see why the former outperformed the latter -- and if it remains the better superstore play.
Image source: Getty Images.
