Should You Invest in Walmart Right Now?
Walmart's (NYSE: WMT) rise to becoming the world's largest retailer has made investors very rich over the years. Walmart's size, scale, and reach make it one of the most popular stocks among investors. But the retail landscape is changing, and Walmart is facing several headwinds that could give investors pause over its future. If you're wondering whether this stock is a worthwhile investment today, here's a closer look.
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Primarily known for the everyday low prices offered in its supercenters, discount stores, neighborhood markets, and Sam's Clubs, Walmart serves a diverse range of retail customers. The retail sector, Walmart included, was hard hit at the start of the pandemic. But 2021 earnings show that Walmart has more than recovered, with comp sales growing 6.4% and e-commerce sales rising 11% year over year.
Source Fool.com
