If I Could Only Buy and Hold 1 Dividend Stock Heading Into the Eye of a Stock Market Storm, This Would Be It

Target is recommended as a top dividend stock for market downturns due to its essential product offerings, strong dividend yield of 3.1% (55 consecutive years of increases), recent operational recovery under new CEO Michael Fiddelke, and attractive valuation at 15x P/E ratio compared to peers. The company has returned to net sales growth with a 6% increase in H1 2026 and 35% net income growth despite higher operating expenses.