Zacks doesn't give a buy to Target, but it gives a buy to Walmart. https://www.zacks.com/stock/research/TGT/stock-style-scores and https://www.zacks.com/stock/research/WMT/stock-style-scores Walmart is beefing up its online presence and increased its online presence by 24% in Q2 (see: https://www.digitalcommerce360.com/article/walmart-online-sales/ ). If inflation remains bad for awhile, people will shop at Walmart. If there is a recession, people will shop at Walmart. Walmart has had great stock performance for 5 years. So its a great defensive stock with upward potential. I think low price Walmart is in a better position than Target during inflationary/recessionary/stagflationary times. | Zacks doesn't give a buy to Target, but it gives a buy to Walmart. https://www.zacks.com/stock/research/TGT/stock-style-scores and https://www.zacks.com/stock/research/WMT/stock-style-scores Walmart is beefing up its online presence and increased its online presence by 24% in Q2 (see: https://www.digitalcommerce360.com/article/walmart-online-sales/ ). If inflation remains bad for awhile, people will shop at Walmart. If there is a recession, people will shop at Walmart. Walmart has had great stock performance for 5 years. So its a great defensive stock with upward potential. I think low price Walmart is in a better position than Target during inflationary/recessionary/stagflationary times. |