From Yahoo Finance: 2025-04-20 09:19:00

In a recent article, we analyzed where Target Corporation (NYSE: TGT) stands among the best retail stocks to buy right now.

Despite market volatility due to Trump’s tariffs, the March retail sales report showed a 1.4% month-over-month growth, exceeding expectations and demonstrating strong consumer spending.

Retail sales growth in March outperformed forecasts, with a 4.6% year-over-year increase, driven by higher demand in various sectors like autos, hobby, sports goods, and food service.

Consumer spending remains resilient amid tariff uncertainties, disproving fears of an economic downturn as reflected in blow-out retail sales numbers for March.

Target Corporation (TGT) faces challenges but boasts competitive advantages, with plans to add $15 billion in retail sales over the next five years and expects a 1% net sales growth for fiscal year 2026.

Target Corporation (TGT) ranks 9th on the list of best retail stocks to buy right now, with potential for investment but AI stocks may offer higher returns in a shorter timeframe, check out our report on the cheapest AI stock for more details.



Read more at Yahoo Finance: Is Target Corporation (TGT) the Best Retail Stock to Buy Right Now?