Consumer Staples King Poised to Surge 50% as Inflation Peaks

Inflation is usually pretty insidious, slowly eroding the purchasing power of your dollars. But occasionally, inflation intensifies to the point where it becomes an openly discussed problem.This occurred following the COVID-19 pandemic, and the concern about rising costs persists to this day, with consumers adjusting their buying habits accordingly. That's bad news for Target's (NYSE: TGT) stock right now, but it may be opening up a buying opportunity for long-term investors.Target is one of the most well-known big-box retailers in the United States. Its stores sell everything from hardware items to food, and a wide range of products in between. It competes directly with Walmart (NYSE: WMT), though it is notable that Target doesn't have a club store format. However, there is a very big difference between Walmart and Target.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool