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Top Stock Picks for the Week of Sep 5, 2018

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Lululemon (LULU - Free Report) has put its past troubles behind it and is well on its way of regaining its mantle as one of the top growth names in the retail industry. It had some of the highest comparables in the retail industry in the last quarter. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by 35.9% in fiscal 2018. You’re certainly going to pay for that growth as it has a forward P/E of 45. The shares are up 91% year-to-date.

Target Corp. (TGT - Free Report) surprised the Street with blow-out comparables in the second quarter, as it posted its best same-store-sales number in 13 years. Earnings are expected to rise 14% this fiscal year. The shares have broken out to new 5-year highs, adding 31% year-to-date. This Zacks Rank #2 (Buy) is still attractive, with a forward P/E of just 16.5. It also rewards shareholders with a juicy dividend, yielding 2.9%.

Should these two companies be on your investing short list? Find out in this week’s video.

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In-Depth Zacks Research for the Tickers Above

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lululemon athletica inc. (LULU) - free report >>

Target Corporation (TGT) - free report >>

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