Walmart's Performance Closely Matches the S&P 500. Here's Why You Should Not Buy the Stock.
Walmart (NYSE: WMT) initially built its success on revolutionizing small-town retailing and its IT-driven supply chain. However, as its initial strategy ran its course, it became better known for paying low wages and squeezing suppliers than for offering a compelling retail experience.
In recent years, a pivot into e-commerce and offerings such as digital advertising and subscription services seemed to improve Walmart's prospects and arguably made it a proxy for the S 500. Unfortunately, these improvements may not make its stock a buy today. Here's why.
Despite the stock's past struggles, Walmart has finally learned to leverage e-commerce to its advantage. It acquired Flipkart in 2018, a major e-retailer in India, giving it some degree of success internationally. This is critical, as many of its attempts to compete internationally as a brick-and-mortar retailer ended with embarrassing failures.
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.
