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
€99.64
-0.490%
With 96 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 110 € shows a slightly positive potential of 10.4% compared to the current price of 99.64 € for Walmart Inc..
