Target’s stock has plummeted 40% in the past year while the S&P 500 has risen 15%. Second-quarter sales dropped 0.9%, with same-store sales down 1.9%. The board has brought in a new CEO to lead a turnaround. Despite struggles, Target is a Dividend King with potential for a rebound.

Investors are watching Target’s turnaround amid a bear market. The stock’s decline contrasts with the S&P 500’s climb. The board has a new CEO leading the revamp, signaling hope for recovery. While the second quarter showed improvement, the stock remains a no-brainer buy for those eyeing turnaround stories.

The Motley Fool Stock Advisor team did not include Target in their list of top 10 stocks to buy. The selected stocks have the potential for significant returns. Past picks like Netflix and Nvidia have yielded impressive returns. Investors should consider the growth potential of other stocks in the market.

Read more at Yahoo Finance: Here’s 1 Reason Target Is Still a No-Brainer Buy