What to Expect From Wal-Mart Stores Inc. in 2018

What to Expect From Wal-Mart Stores Inc. in 2018

2017 has been a banner year for Wal-Mart Stores Inc. (NYSE: WMT). The retail giant, which was considered a dinosaur not long ago, has seen its stock jump 40% this year, besting nearly every other retailer.

Going into 2018, expectations for the company are high, shares are at an all-time peak, and its valuation is higher than it's been in a decade at a P/E ratio of 23.

Let's take a look at what investors can expect from the company going into next year and if it can keep up its current momentum.

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Source: Fool.com