Best Stock to Buy Right Now: Target vs. Realty Income
Share prices of Target (NYSE: TGT) have fallen a huge 65% from their 2021 peaks. Realty Income's (NYSE: O) stock price is down around 24% from its 2020 high-water mark. Which of these beaten-down retail-focused businesses is the best stock to buy right now? That depends on how you look at the retail sector.Target is a big-box retailer with stores across the United States. It sells a broad variety of goods from food to clothing to furniture. It competes most directly with Walmart, but generally attempts to provide a more upscale retail experience. It has a long history of growth behind it, highlighted by 58 consecutive annual dividend increases. At this point, however, the business is fairly mature.Continue reading
Share prices of Target (NYSE: TGT) have fallen a huge 65% from their 2021 peaks. Realty Income's (NYSE: O) stock price is down around 24% from its 2020 high-water mark. Which of these beaten-down retail-focused businesses is the best stock to buy right now? That depends on how you look at the retail sector.
Target is a big-box retailer with stores across the United States. It sells a broad variety of goods from food to clothing to furniture. It competes most directly with Walmart, but generally attempts to provide a more upscale retail experience. It has a long history of growth behind it, highlighted by 58 consecutive annual dividend increases. At this point, however, the business is fairly mature.
