Read This Before Buying Walmart Stock
(NYSE: WMT) is the largest company in the world by sales. It has more stores than any other retailer, and it continues to grow at a healthy pace. If you're considering buying Walmart stock, here's what you need to know.
Walmart owns 10,700 stores worldwide, including 4,600 in the U.S. The company says that 90% of the U.S. population lives within 10 miles of one of its stores, but it continues to open new stores at a healthy, though slow, pace. It's a discount retailer, and while it sells a large range of merchandise, it's concentrated in grocery. Among its U.S. stores is Sam's Club, a warehouse model similar to Costco Wholesale.
Image source: Walmart.
Source Fool.com
Walmart Inc. Stock
€107.94
1.390%
The stock is an absolute favorite of our community with 104 Buy predictions and no Sell predictions.
On the other hand, the target price of 107 € is below the current price of 107.94 € for Walmart Inc., so the potential is actually -0.87%.
