Target leads retail sector while rivals fall, Phil Rosen notes

Target leads retail sector while rivals fall, Phil Rosen notes
Target outperforms Lowe's and Home Depot

Phil Rosen highlights the contrasting performance of major U.S. retailers over the past 12 months. Target has outperformed its peers, while Lowe's and Home Depot have recorded double-digit declines. Walmart remains in a middle position, underscoring a significant divergence among big box consumer names.

Phil Rosen has tracked other major sector shifts in recent coverage. He reported that the energy XLE surpassed the S&P 500 after supply shocks in 2016, 2017, and 2022 in a previous article. Rosen also noted a record 68-month streak of positive stock-bond correlation, which impacted the effectiveness of 60/40 portfolios, as detailed in another report.

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