How Safe Is Walmart Stock and Its Dividend?
In these volatile times, you may wish to consider investing in a safer stock that you can confidently rely on for dividends. Even though the S&P 500 index has just topped the all-time high it reached in late February, just as the investing world began worrying about the novel coronavirus, there remains a lot of uncertainty about the pandemic and the overall economy.
The stock market's sharp upturn comes as the U.S. and other countries are officially in a recession. Traditionally, investors could rely on Walmart (NYSE: WMT) to perform well in a challenging environment. Is this still the case?
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Source Fool.com
