Will Wal-Mart Do a Stock Split in 2018?
Among traditional retailers, Wal-Mart (NYSE: WMT) remains the giant of the industry. Having established its leadership role by offering the widest possible assortment of merchandise at competitively low prices, Wal-Mart has built up one of the largest workforces in the world and commands an extensive network of stores and distribution centers.
Wal-Mart's success has been profitable for its shareholders as well, with the stock having hit new record highs during 2017. When the share price briefly moved above the $100 per mark in November, some investors started to speculate about whether the company would do something it hasn't done since before the turn of the millennium: split its stock. Wal-Mart now seems to have recovered from a long slump in the retail industry, and that could bode well for those looking for further share-price gains. Let's look more closely at Wal-Mart to see whether a stock split might be in the cards for 2018.
Image source: Wal-Mart.
Source: Fool.com
Walmart Inc. Stock
The stock is an absolute favorite of our community with 49 Buy predictions and no Sell predictions.
With a target price of 165 € there is potential for a 196.76% increase which would mean more than doubling the current price of 55.6 € for Walmart Inc..
