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Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights that Target has surpassed Walmart in comparable sales growth for the second consecutive quarter.
Target posted same-store sales growth of 3.8% versus 2.6% for Walmart, and is trading at 17 times earnings compared to Walmart at 37 times.
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Stephanie Link was recently named to Forbes 50 over 50, recognizing her leadership among women in finance. In a prior update, she observed improving market breadth as SPW outperformed SPX and IWM showed gains, citing positive economic indicators. Link continues to track sector performance and key company results in her market commentary.