This retail giant has been one of the largest and most profitable companies in the sector for decades. Target’s investments in e-commerce and store remodels are driving sales growth, improving profitability, and setting the company up to succeed long-term. Online sales growth is better than Amazon and Walmart: In Q1 2019, Target’s online sales increased by 42% year-over-year. These awards are tied to the achievement of adjusted sales growth, EPS growth, and ROIC. More strong earnings reports should reassure investors that Target’s growth is part of a larger trend rather than an aberration.

Source: Forbes July 17, 2019 13:07 UTC