|Day's range||20.85 - 20.85|
Two of the best-known companies in the industry, Walmart (NYSE: WMT) and Target (NYSE: TGT), are preparing for a notable slowdown, as growth expectations for the current fiscal year are muted. Is it the 800-pound gorilla that is Walmart, or the much smaller but still formidable Target? One of the most obvious reasons one would consider owning Walmart shares, especially right now, is due to the unfavorable macroeconomic backdrop.
Key Insights Given the large stake in the stock by institutions, Target's stock price might be vulnerable to their...
Discount retail giant Target (NYSE: TGT) and consumer goods manufacturer Procter & Gamble (NYSE: PG) are in an exclusive club when it comes to dividends: They have outperformed most of their peers by stringing together a long track record of steadily rising payouts, even through prior market downturns. In late February, Target announced that comparable-store sales rose 1% in the most recent quarter, after jumping 9% a year earlier. Likewise, Procter & Gamble grew organic sales by a healthy 5% year over year in the most recent quarter, thanks to solid demand for consumer staples like laundry care products.