Where Will Walmart Stock Be in 5 Years?
Retail has consistently been an industry you can count on long term, but it has always had its ups and downs along the way. And regardless of the state of the retail industry, one company has been a key force in it over the past six decades: (NYSE: WMT).
Walmart has been on an impressive run over the past five years, up 126% in that span, outperforming the S 500's 86% gain. The traditionally low-cost brick-and-mortar giant has been adjusting to new consumer preferences, while also staying true to its core business model.
The combination of the two has worked in its favor and should spark optimism about its future. Nobody can predict how a stock will perform, but Walmart's business is surely headed in the right direction and should be even more thorough five years from now.
Source Fool.com
Walmart Inc. Stock
The stock is one of the favorites of our community with 102 Buy predictions and 1 Sell predictions.
With a target price of 101 € there is a slightly positive potential of 1.6% for Walmart Inc. compared to the current price of 99.41 €.
