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Walmart vs Target: Who's the E-Commerce Winner During the Coronavirus Lockdown?

Walmart vs Target: Who's the E-Commerce Winner During the Coronavirus Lockdown?

Back in late March, I outlined the reasons why I purchased shares of Walmart (NYSE: WMT) and Target (NYSE: TGT) as the economic lockdown to bring COVID-19 to heel got under way. Much has changed during the last two months, and migrating to e-commerce will continue to be a top priority for Walmart and Target as they play catch-up to Amazon (NASDAQ: AMZN). The first quarter (February to April 2020 for Walmart and Target) was a banner moment for both big box stores.