This High-Yielding Dividend Stock Has Soared Past the “Magnificent Seven” in 2026
The “Magnificent Seven” are a collection of the leading tech stocks on U.S. markets, and they’ve normally been excellent investments to own. This year, however, as excitement around artificial intelligence (AI) has begun to cool, some of those stocks simply haven’t been doing all that well. Tesla, for instance, is down 18%.
The top performer from the group is Apple, which has risen by 26% thus far. That’s a great, market-beating return, but it’s still nowhere near as good as how one top dividend stock has done: Target (NYSE:TGT). Shares of the big-box retailer are up a staggering 57%.
What’s the deal with Target’s rally this year? Here’s why it’s been overdue, and why it may still be worth buying.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.