Target Corp (TGT) is today’s FOMO stock. Alex Coffey and Jenny Horne discussed Target’s (TGT) earnings report which came out on Tuesday and news that Target will invest up to $5 billion this year in physical stores, new brands and expanding its online fulfilment as the discounter continues to drive sales growth and differentiate itself from rivals like Walmart (WMT) and Amazon (AMZN). Jenny talks about the cult like following Target (TGT) has and its higher price point versus Walmart (WMT) and Alex weighs in on how Amazon (AMZN) is what pushed stores like Target (TGT) and Walmart (WMT) to advance their ecommerce business. Alex speaks about Target (TGT) adding Starbucks (SBUX) and Ulta (ULTA) inside their stores to create more of a shopping experience versus Walmart’s (WMT) cost savings experience. Finally, Alex discusses an example trading using Target (TGT).