Best Stock to Buy Right Now: Target vs. Chewy
Target (NYSE: TGT) and Chewy (NYSE: CHWY) represent two very different ways to invest in the retail sector. Target is one of the largest superstore retailers in America, and about 75% of the U.S. population lives within 10 miles of one of its 1,956 stores. Chewy is an e-tailer that exclusively sells food, drugs, and other products for pets.
Over the past 12 months, Target's stock rose by less than 2% as Chewy's stock plunged 57%. Let's see why the brick-and-mortar giant outperformed the pet-oriented e-tailer by such a wide margin -- and if it's still the better stock to buy right now.
Image source: Getty Images.
Source Fool.com
Chewy Inc Stock
€23.24
-0.940%
With 38 Buy predictions and 3 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 28 € shows a positive potential of 20.51% compared to the current price of 23.24 € for Chewy Inc.
