Target Stock: Bull vs. Bear
Target (NYSE: TGT) has transformed itself over the last decade, going from a middling big-box chain to a unique omnichannel retailer with a number of competitive advantages.
The company has invested in store-based fulfillment, coaxing customers into picking up their online orders, which is a more cost-effective way of fulfilling them than shipping from warehouses. It's also excelling with its private-label owned brands, which helps distinguish the retailer and increase customer loyalty.
Consequently, the stock has been a big winner over the last decade, but more recently it's struggled as shopping habits have shifted back to services and the company has struggled to manage its inventory.
Source Fool.com
