Target Is the Better Buy Over Walmart, Says Jim Cramer
Jim Cramer says Target has done well with its online sales, and right now he prefers it over Walmart.
Target (TGT) - Get Report is the better buy over Walmart (WMT) - Get Report , according to TheStreet's Jim Cramer. Cramer says Target is doing better than Walmart when it comes to sales both online and in the bricks-and-mortar stores. Cramer notes that investors will want to own Walmart once its acquisition of Jet.com translates into higher onlline sales. According to data from Adobe, Cyber Monday sales are on track to hit a record, with nearly $3.4 billion spent online, a more than 10% increase over last year.
