Better Buy: Nike vs. Target
Nike (NYSE: NKE) and Target (NYSE: TGT) both easily withstood the worst economic effects of the coronavirus pandemic over the past year. Nike's sales initially plunged after it temporarily closed its stores but the company quickly recovered. Target's brick-and-mortar and online sales both accelerated as shoppers stocked up on household essentials.
Over the past 12 months, Nike's stock price has risen more than 70%, while Target's stock price has surged over 120%. Both have handily outperformed the S&P 500, but which retail survivor will be the better post-pandemic play?
Image source: Nike.
Source Fool.com
