Better Buy: Lululemon vs. Target
The retail sector was greatly divided in 2020. Providers of essentials largely posted high sales growth. Those that focus on non-essentials suffered sales declines, sometimes crippling ones.
But many of those non-essentials retailers are already seeing growth again from their pre-pandemic levels, demonstrating their strength and their ability to withstand a challenging environment.
Target (NYSE: TGT) was among the best-prepared of the essentials retailers for the pandemic, and as the result, it delivered high comps growth. Apparel niche player lululemon athletica (NASDAQ: LULU) didn't fare quite as well, but its sales have rebounded. If you are limited to investing in either one of them, which one should you pick?
Source Fool.com
