Forget Walmart and Target, Buy This Underrated Retail Stock Instead
Walmart(WMT) The Motley Fool·2024-08-31 13:30
TJX's comparable-sales growth was similar to Walmart's last quarter, and it's trading at a much lower earnings multiple.Walmart (WMT 1.06%) and Target (TGT 0.13%) are two of the top retailers in the country, and they can make for great investments in the long run as the economy grows. But Walmart is trading at a 52-week high, and its valuation is expensive. Target, meanwhile, is largely a discretionary play, and while it's coming off a decent quarter, it's expecting minimal growth this year.With both of the ...