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Actionable news in TGT: TARGET CORPORATION,

Target's Stock Will Put Money In Your Pocket This Holiday Season

"When Black Friday comes..." The lyrics of the great Steely Dan song are echoing in my head as I look at retail stocks these days. The sector's relative underperformance couldn't be any more stark, as the Retail Select SPDR ETF (XRT - Get Report) has fallen 9.0% year-to-date versus a 29.5% gain for the (QQQ - Get Report) Nasdaq 100 SPDR ETF.

Will America's favorite shopping day turn out to be the catalyst to wake this group from its slumber? Probably not, but I do I believe there are opportunities in individual names. Real Money's editors tasked me with identifying two actionable Black Friday plays, and I will focus on Target Corp. (TGT - Get Report) and Best Buy Co, Inc. (BBY - Get Report) .

The activity in Target should come before Black Friday. As with most retailers, Target is on a January fiscal year, so the company will report earnings -- no date has yet been announced -- in mid-November. Also, Target pays its regular quarterly dividend to holders of record as of Nov. 15. That dividend of $0.64 is looking increasingly attractive as Target shares pull back, and now represents an annualized yield of 4.2%.

Head here to check out the rest of this piece and Real Money's Black Friday Stock Picks.

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