Where Will Walmart Stock Be in 5 Years?
(NASDAQ: WMT) has quietly become one of the market's strongest large-cap performers over the past few years, rewarding investors who had long underestimated it. Lately, though, the run has cooled. Yet even after slipping from a 52-week high near $135 to about $114 as of this writing, the stock still fetches about 40 times earnings -- a growth stock multiple for a retailer that rings up most of its sales on low-margin groceries.
That gap is the whole question for anyone buying today. Can a company this enormous grow into a price like that over the next five years? The answer sits in a surprisingly small corner of the business.
Image source: The Motley Fool.
Source Fool.com
Walmart Inc. Stock
€99.64
-0.490%
The stock is an absolute favorite of our community with 96 Buy predictions and no Sell predictions.
With a target price of 110 € there is a slightly positive potential of 10.4% for Walmart Inc. compared to the current price of 99.64 €.
