Stock Market Correction: 2 Bulletproof Stocks That Will Still Be Standing After The Dip

Investors are panicking as the Federal Reserve prepares to raise interest rates to cool off inflation. The Nasdaq entered correction territory, defined as a 10% pullback from a previous peak, and the Dow Jones Industrial Average and the S&P 500 were hovering on the brink of that this week, showing every sector is getting hit. Target (NYSE: TGT) has arguably performed better than any brick-and-mortar retailer during the pandemic, but the stock still looks cheap at a price-to-earnings ratio of just 16.