Where Will Walmart Stock Be in 3 Years?
(NYSE: WMT) is one of the few big-box retailers that survived the rise of Amazon (NASDAQ: AMZN) and other e-commerce platforms over the past two decades. Instead of closing its stores to cut costs, Walmart stayed relevant by renovating its stores, matching Amazon's prices, expanding its e-commerce marketplace, and using its brick-and-mortar stores to fulfill its online orders. It also expanded its delivery options and rolled out its own subscription services.
Over the past three years, Walmart's stock rallied more than 30% as the S 500 advanced 22%. But will it continue to beat the market over the next three years?
Image source: Walmart.
Source Fool.com
Walmart Inc. Stock
€59.91
-1.430%
With 68 Buy predictions and 1 Sell predictions Walmart Inc. is one of the favorites of our community.
Based on the current price of 59.91 € the target price of 156 € shows a potential of 160.39% for Walmart Inc. which would more than double the current price.
