Amazon (NASDAQ: AMZN) and Target (NYSE: TGT) started on two ends of the retail spectrum. One rose to a seemingly dominant position in retail by pioneering e-commerce, while the other became one of the largest discount store chains in the country.
Target has leveraged an in-store and online presence to become an omnichannel retailer. However, with Whole Foods, Amazon-branded stores, and a vast real estate portfolio of industrial space, Amazon has built a growing physical presence of its own.
In 2020, Amazon has outperformed Target by a wide margin. Knowing this, should Target longs hold out for a comeback, or is Amazon poised to continue generating higher returns than its counterpart? Let's look at both retail stocksto find out.
Source Fool.com