Wal-Mart Stores, Inc. (WMT)
$119.84 0.42 (0.35%)
19:43 EDT WMT Stock Quote Delayed 15 Minutes
Previous Close $119.84
Market Cap 353.63B
PE Ratio 39.95
Volume (Avg. Vol.) 3.96M
Day's Range 119.36 - 120.25
52-Week Range 85.78 - 120.71
Dividend & Yield 2.07 (1.73%)
WMT Stock Predictions, Articles, and Wal-Mart Stores, Inc. News
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Walmart is unveiling cool features to compete with Amazon. But at the end of the day, Walmart stock is a retail stock name.
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Even though Amazon stock might look to be weakening, the holiday season and its expansion into grocery bode well for the eCommerce giant.
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Earlier this year, I cautioned against Walmart stock in the nearer term because of the U.S.-China trade war. However, if we fall into a recession, consumer behavioral studies suggest that retail demand would not only shift to WMT but might stay there indefinitely.
While big-box retailing giant Walmart makes an interesting case for itself thanks to its expansionary efforts, the reality is that the Walmart stock price has already accounted for these tailwinds.
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The retail giant is doing things differently these days and so is Walmart stock and for shareholders that adds up to big value
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