Better Buy: Nike vs. Target
Nike (NYSE: NKE) and Target (NYSE: TGT) are both heading into 2021 in a position of strength. Revenue and earnings are climbing. E-commerce helped both consumer stocks to successfully manage the worst stages of the coronavirus pandemic. And, considering the growth in online shopping, their digital platforms will continue to boost revenue once the health crisis is over.
Nike, the maker of athletic wear and shoes, and retail giant Target are among my favorite companies for those reasons. Both represent solid choices for the long-term investor. So, choosing the best buy isn't an easy task. For some help, let's take a closer look at where each company is right now -- and what may lie ahead.
Image source: Getty Images.
Source Fool.com
