Is Walmart Stock in Trouble?
Big-box retailer Walmart (NYSE: WMT) has been one of the most resilient retail stocks to hold over the past five years. It fared well amid the pandemic and rising inflation, as its versatile business has been able to adapt to changing economic conditions. the market has appreciated its success and the stock has rallied more than 146% over the past five years.
Recently, however, there has been growing concern among some investors about a possible slowdown ahead for the company. Given the stock's significant run-up in price, its high valuation could dissuade investors from buying up this blue-chip investment.
Is Walmart's stock in trouble? Could a sell-off be on the horizon?
Source Fool.com
Walmart Inc. Stock
€99.02
-0.390%
The stock is one of the favorites of our community with 101 Buy predictions and 1 Sell predictions.
With a target price of 101 € there is a slightly positive potential of 2.0% for Walmart Inc. compared to the current price of 99.02 €.
