Better Buy: Disney vs. Target
Disney (NYSE: DIS) and Target (NYSE: TGT) had opposite experiences as the coronavirus outbreak spread throughout the U.S. Disney, the owner of the world's most visited theme park, saw revenue plunge as it temporarily closed parks. At the same time, sales at Target soared as consumers rushed to buy essentials online.
Today, shares of both companies are trading near all-time highs -- but while Target has recouped losses from the March market crash, Disney shares haven't yet made it that far, and are still down for the year. So should we buy Disney now before it cruises into positive territory, or should we invest in Target's revenue momentum? Let's have a look at the prospects of each company.
Image source: Disney.
Source Fool.com
