Target (TGT): Not Performing As A Staple Like Walmart (WMT)?

Target (TGT) and Walmart (WMT) have different value propositions. Though, both retailers are compared often. Walmart has over 11K locations in the United States, while Target has less than 2K. Walmart also owns Sam’s Club, which has a membership fee component. Is Walmart more of a grocery store and are Target groceries more expensive? “Target has a cult-like following with influences on TikTok posting videos. However, the TGT stock price is not performing as a consumer staple like Walmart (WMT) is,” says Jenny Horne. Next, Alex Coffey discusses an example iron condor option trade on Target (TGT) with a neutral to a range bound direction.