Walmart Has Gone Down While Target Is Up 62%. But Only 1 of These Dividend Kings Is a Buy in August.
One of these venerable retailers is the better buy right now.
Overview
Walmart (NASDAQ: WMT) and Target (NYSE: TGT) have different business philosophies but battle for customers. The former has a low-cost, ultra-low-price business, while the latter offers low prices on certain items (such as groceries) while offering differentiated merchandise.
Both have been very successful, but their paths diverged a few years ago. Walmart kept attracting customers, while Target lost ground. That was reflected in their stock price performances.
Details
However, their stock performances have flipped this year. Through Aug. 20, Walmart's shares have lost 6.8%, and Target's stock price gained an eye-popping 61.9%.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.