Walmart Stock: Buy, Sell, or Hold?
(NYSE: WMT) is one of the bellwethers of the global retail sector. It operates over 10,500 stores and numerous e-commerce sites across 19 countries, and that scale helped it survive the retail apocalypse that wiped out many other big-box retailers.
From its fiscal 2019 to its fiscal 2024 (which ended in January), Walmart's annual revenue rose at a compound annual growth rate (CAGR) of 5% as its EPS grew at a CAGR of 21%. It achieved that steady growth even as the pandemic, supply chain disruptions, and inflationary headwinds rattled the broader retail sector.
Image source: Walmart.
Source Fool.com
Walmart Inc. Stock
€54.99
-1.010%
With 52 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
Based on the current price of 54.99 € the target price of 164 € shows a potential of 198.24% for Walmart Inc. which would more than double the current price.
