Walmart Has Gone Down While Target Is Up 62%. But Only 1 of These Dividend Kings Is a Buy in August.

While Walmart's stock has declined 6.8% year-to-date and Target has surged 61.9%, analyst Lawrence Rothman recommends Target as the better buy. Despite Walmart's strong sales growth and 53-year dividend increase streak, Target offers superior valuation (P/E of 16 vs. Walmart's 38), stronger sales momentum, and a higher dividend yield of 2.77%. Target's new CEO has successfully repositioned the company toward trendier merchandise and improved store experience, driving positive comparable sales for two consecutive quarters.