Why Home Depot, Target, and Walgreens Stocks Have Trailed the Market This Year

Why Home Depot, Target, and Walgreens Stocks Have Trailed the Market This Year

Names like Target (NYSE: TGT), Home Depot (NYSE: HD), and Walgreens Boots Alliance (NASDAQ: WBA) may be in the same sector, but they have very different types of businesses. The S&P 500 dropped nearly 21% over that time, but Target nearly doubled that, dropping 39%. Home Depot and Walgreens also lost to the index, down 33.9% and 27.3%, respectively, according to data provided by S&P Global Market Intelligence.