Bonus Trade: Wal-Mart vs. Target
A look at the chart to the right – which shows the relationship between Target and Wal-Mart stock – tells a rather interesting story about consumer spending. As the economic recovery in 2003 ensued Targets stock lifted while Wal-Mart stock actually drifted lower. However since the credit crunch showed up on the economic radar Targets stock took a tumble and Wal-Mart stock has caught a bid. Why the disparity? Is it just because Wal-Mart has suffered from…
Wednesday, April 30, 2008
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