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Top Stock Picks for the Week of August 27th

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Target Corporation (TGT - Free Report) ,operates as a general merchandise retailer in the U.S. Target has undertaken several strategic initiatives to rapidly adapt to the changing retail ecosystem. This strategy has been boded well for the stock. It has risen and outpaced the industry in the past three months as well as sustained its upbeat performance in second-quarter fiscal 2018, wherein both the top and bottom lines beat the Zacks Consensus Estimate and continue to improve year over year. Also, Target has been actively managing its capital and returning much of its free cash via share repurchases and dividends.

lululemon athletica inc. (LULU - Free Report) ,is an athletic apparel company and retailer that creates lifestyle components. Their stock has outperformed the industry in the past three months, mainly attributable to a robust surprise trend driven by the progress on its strategy for 2020 and focus on ivivva’s remodeling. While first-quarter fiscal 2018 marked its fifth consecutive earnings beat, sales topped estimates for the 10th straight quarter. The company aims to double its revenues to about $4 billion and more than double its earnings.

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