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Target Stock Has Nearly Doubled This Year. Don’t Write Off Traditional Retail.

Shares of the omnichannel retailer are up 95.5% this year, putting Target’s stock (ticker: TGT) on track to have its best year since 1975, according to FactSet data. Target’s roaring success comes at a time when other big bricks-and-mortar retailers have stumbled. Sears filed for bankruptcy late last year after years of declining sales. Read More...

Shares of the omnichannel retailer are up 95.5% this year, putting Target’s stock (ticker: TGT) on track to have its best year since 1975, according to FactSet data. Target’s roaring success comes at a time when other big bricks-and-mortar retailers have stumbled. Sears filed for bankruptcy late last year after years of declining sales.

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