Target (TGT) shares are up 57% so far in 2026, outpacing the Magnificent Seven tech group, where Tesla is down 18% and Apple leads with a 26% gain as enthusiasm for AI cools. The stock is still down 39% over five years, with its last positive year in 2021, as consumers have pulled back on discretionary spending, but a new CEO and recent earnings progress have renewed investor interest. Growth in the most recent quarter, which ended Aug. 1, was 5.3%, with comparable growth of 3.6%, which the author sees as decent but not spectacular. Target trades at a P/E of 16 versus about 23 for the S&P 500 and 43 for Walmart, and its dividend yields 3% versus roughly 1% for the market, with 55 consecutive years of increases.
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AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/16/2026 | 343.47 |
| Change that session | +0.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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