Is Amazon Stock A Better Retail Pick Over Target?
Target(TGT) Forbes·2024-07-11 14:15
Target Store, building exterior with store sign and logo, New York City, New York, USA. (Photo by: ... [+] GHI-Plexi Images/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty ImagesWe believe that Amazon (NASDAQ: AMZN) is a better pick than its industry peer – Target (NYSE: TGT). AMZN stock trades at a higher multiple of 4x sales, versus almost 1x revenues for TGT. This can be attributed to AMZN’s superior revenue growth, profitability, and financial position. There is more to ...