Better Buy: Target vs. Home Depot
Target (NYSE: TGT) and Home Depot (NYSE: HD) are two of the largest and most popular U.S. retail chains. They both experienced massive growth at the beginning of the pandemic and are feeling the pressure of inflation right now.
They have also both been excellent stocks to hold over many years, beating the market over time, and both pay high-yielding dividends. Given so much in common, is there enough to define one as a better stock to buy than the other? Let's see.
Although Home Depot has a smaller niche than Target, with its focus on home improvement versus Target's department-store approach, it's a much larger operation. It has 2,322 stores, whereas Target has 1,948, and Home Depot took in $157 billion in 2022 sales compared to Target's $109 billion.
Source Fool.com
