3 Reasons Walmart and Target Are Killing It Right Now

This has been a good week for investors in the leading discount department store chains. Walmart (NYSE: WMT) and Target (NYSE: TGT) put out quarterly results this week, and both retailers came through with monster comps and better-than-expected results. 

Walmart had a great report on Tuesday. Target opened sharply higher on Wednesday with its own blowout performance. Why are these mass-market retailers holding up so well during a pandemic and a recession? Let's take a closer look at why Walmart and Target are killing it right now. 

Image source: Getty Images.

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Source Fool.com