3 Discount Retail Stocks That I'd Buy Today Before Buying Walmart Stock
Investors have good reasons to like (NYSE: WMT). First and foremost, it's the biggest retailer in the world with nearly $650 billion in trailing-12-month revenue. Its more than 10,600 stores carry everything from groceries to home goods to auto parts and more.
In short, investors can always expect consumers will patronize Walmart -- it sells almost everything and its massive stores are conveniently located to serve communities throughout the country. In other words, it's not a business that investors need to worry about.
Here's another positive: Walmart's e-commerce operations are now a $100 billion annual business. And having a digital platform of this scale allows the company to grow its advertising business, which will be an important driver for profits in the coming years.
Source Fool.com
Walmart Inc. Stock
With 49 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
Based on the current price of 55.58 € the target price of 165 € shows a potential of 196.87% for Walmart Inc. which would more than double the current price.
