WMT - Target Stock Has a Much Higher Yield Than Walmart But Is It Worth the Risk?
2024-05-31 09:45:00 ET
Walmart (NYSE: WMT) hit a fresh all-time high on Friday and is now up more than 24% year to date. Target (NYSE: TGT) has been on a great run since early November, but the stock is now up just 2% year to date after selling off heavily in response to its first-quarter 2024 earnings.
Let's examine what's working for Walmart and not working for Target to see which is the better dividend stock to buy now.
Image source: Getty Images.
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Target Stock Has a Much Higher Yield Than Walmart, But Is It Worth the Risk?