Who would have thought that Target (NYSE: TGT) would become the hottest stock in retail at a time when more people are shopping online, and brands are reaching customers directly more effectively than ever? Instead, Target reported another outstanding quarter in the second fiscal quarter of 2021, and it looks like temporary pandemic gains are becoming permanent gains for the business. Here's how Target turned its business around and why I think it will be tough for competitors like Amazon (NASDAQ: AMZN), Walmart (NYSE: WMT), and Costco Wholesale (NASDAQ: COST) to catch up. Read More...
Who would have thought that Target (NYSE: TGT) would become the hottest stock in retail at a time when more people are shopping online, and brands are reaching customers directly more effectively than ever? Instead, Target reported another outstanding quarter in the second fiscal quarter of 2021, and it looks like temporary pandemic gains are becoming permanent gains for the business. Here’s how Target turned its business around and why I think it will be tough for competitors like Amazon (NASDAQ: AMZN), Walmart (NYSE: WMT), and Costco Wholesale (NASDAQ: COST) to catch up.
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