10 Best Organic Food Stocks to Buy According to Billionaires

5. Target Corporation (NYSE:TGT)

Number of Billionaire Investors: 13

Number of Hedge Fund Holders: 56

Target Corporation (NYSE:TGT) is a retail giant operating over 2,000 discount department stores and hypermarkets across the US and Canada. It serves its customers various items, including food, everyday essentials, differentiated merchandise at discounted prices, and general merchandise. Its merchandise categories span organic food and beverages, groceries, dairy, and others.

The company is facing some headwinds, with management noting weakening consumer confidence and pressure from tariff uncertainty through February. While Target Corporation’s (NYSE:TGT) 2025 guidance reflects flat growth, it also boasts several competitive advantages. It has stores in all 50 states, with store models perfectly fitting the rural, suburban, and urban markets simultaneously, appealing to all income categories. It expects to add around $15 billion in retail sales over the next five years.

Target Corporation (NYSE:TGT) is also investing in its business, opening new stores and spending money on remodels. The company is in a position to expand its market share in several categories, enhance its stores and supply chains, improve sales through same-day delivery, expand its media business, and build an online advertising business. The stock’s long-term picture thus seems promising, which is why investors are bullish on it. Its median price target of $88.76 implies an upside of 47.03% from current levels.