These 2 Retail Stocks Are Screaming Buys This Week
It's not an easy time to be a retailer.
Inflationary and recessionary headwinds have cooled off demand, especially for discretionary items, and the shift in consumer spending to services like travel and restaurants has also added challenges for the sector. In general, retail categories that thrived during the pandemic, like home goods and electronics, are now struggling.
Still, some retail stocks look like they're on sale after falling because of those headwinds, including two that reported earnings just this week: Target (NYSE: TGT) and Home Depot (NYSE: HD). Let's take a look at what each stock has to offer today.
Source Fool.com
Target Corp. Stock
€137.24
1.070%
The stock is one of the favorites of our community with 43 Buy predictions and 1 Sell predictions.
As a result the target price of 168 € shows a positive potential of 22.41% compared to the current price of 137.24 € for Target Corp..
