3 Reasons Walmart Is Still a Great Stock
Walmart (NYSE: WMT) released its fourth-quarter earnings report recently, and some numbers missed analyst estimates. But even though it wasn't perfect, the company delivered on several key objectives that point toward continued growth, specifically in e-commerce -- and within that, grocery delivery.
Here are three reasons why even with a few kinks in its earnings release, Walmart is still a great stock to have in your portfolio. .
A company as big as Walmart has the resources to make up for a slow start in a key area, and that's what the retail giant has done in e-commerce. After pouring billions of dollars into growing its online retail operations, including the acquisition of Jet.com in 2016, Walmart's efforts are paying off.
Source Fool.com
