Target Surpasses Apple as Top Performer Among 'Magnificent Seven' Stocks

Apple's impressive performance this year has been well-documented, but it's not the only 'Magnificent Seven' stock that's caught investors' attention. According to recent data, Target is actually outperforming Apple with a staggering 61% increase in 2026.

The retail giant has managed to turn its fortunes around under the leadership of new CEO Michael Fiddelke, who was initially dismissed by the market. His four-pillar plan to revamp the company has yielded positive results, including sales and comps growth, as well as upward earnings revisions.

Despite its impressive performance, Target still trades at a reasonable 15 times forward earnings, with a dividend yield of nearly 3%. This is in stark contrast to Apple's valuation, which has risen significantly due to the hype surrounding its new iPhone models.