Many investors might be reluctant to buy new stocks as rising inflation, higher interest rates, and potential military conflicts weigh down the market. But in the company's second-quarter conference call, Jonathon Nudi, its North American retail chief, mainly attributed those headwinds to "short-term supply chain costs" and CEO Jeffrey Harmening expected those disruptions to be "transitory." In the near term, Target's growth will inevitably decelerate against tough year-over-year comparisons in 2022, but the resilience of its business makes it a great stock to buy and hold as myopic investors fret over its near-term slowdown.