If You Had Invested $1,000 in Walmart During the Last Recession, This Is How Much You Would Have Today
A combination of factors has driven market volatility to historic levels in 2020, dropping the S&P 500 (SNPINDEX: ^GSPC) about 23.4% year to date, with most of those losses coming in less than a month's time frame. Maintaining a long-term perspective on investing is difficult during heightened market volatility; however, recessionary periods can create opportunities for shareholders to purchase quality companies at a discount.
The share price of Walmart (NYSE: WMT) has weathered the 2020 market volatility much better, with a decline of roughly 3.5% year to date -- almost 20 percentage points better than the S&P 500. When measured against an even longer timeframe -- like since the Great Recession of 2008-09 -- An investor purchasing Walmart stock then would be holding an impressive gain.
Let's see how much an investor would have today while also seeing if investors should continue to hold those shares in what is bound to be a recession in 2020.
Source Fool.com
