Target And Walmart Stocks Deserved to Fall, but Could Be Worth Buying Now
Target (NYSE: TGT) and Walmart (NYSE: WMT) stocks have been the talk of the town as of late after both suffered their worst single-day declines in over 35 years. Each discount retailer is typically a stable company known for returning value to shareholders through dividend raises and share buybacks. Target is the faster grower, while Walmart is usually a better value.
However, Target stock now finds itself down 42% from its all-time high while Walmart is down 25%. Here's why both companies find themselves in a difficult but unavoidable position -- and why, ultimately, both could be good buys now.
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Source Fool.com
