Target vs. BJ Wholesale: Which Retail Stock is a Better Buy?

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The retail industry was shaken severely during the pandemic, with COVID-19 related restrictions leading bringing store operations to a halt last year. To stay afloat and compete with mega e-commerce players such as Amazon (AMZN), many retail players invested heavily to establish or enhance their online stores. Now that the waning coronavirus threat is leading consumers back to brick-and-mortar retailers–many of which them are already performing well with their online platforms–we think retailers TGT and BJ should witness solid growth.

While TGT has gained 85.4% over the past year, BJ has returned 59.3%. Furthermore, TGT has gained 28.7% over the past six months versus BJ’s 9.9%. But which of these two stocks is a better pick now? Let’s find out.

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