"The retail sector is seeing more store traffic from middle income to high income consumers. Both Walmart (WMT) and Target (TGT) are dealing with excess inventory issues through heavy discounts. However, this issue should be resolved by the holiday season. Walmart (WMT) has a record of long-term earnings and dividend growth. Target (TGT) has a consistent track record, healthy cashflow, and dividends," says Arun Sundaram.
Trading 360
16 Sep 2022
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