Better Buy: Target vs. Lowe's
Growth has become much harder to find in the retailing industry. In their recent fourth-quarter earnings updates, both Target (NYSE: TGT) and Lowe's (NYSE: LOW) forecast roughly zero sales gains in fiscal 2023.
Yet this outlook still reflects strong growth since the start of the pandemic, and the retailers are also predicting a profitability rebound ahead that implies an end to some of the pressures that hurt earnings in recent quarters.
Against that backdrop, let's look at which stock seems like the better buy for investors today.
Source Fool.com
