3 Reasons Walmart Is a Major Winner Compared to Other Retailers. Time to Buy the Stock?
(NYSE: WMT) certainly seems to be firing on all cylinders these days. Its second-quarter results were so solid, in fact, that shares reached a record high immediately following the recently released report. Moreover, based on Walmart's strong Q2 numbers, investors are deciding the economy and consumerism are healthier than presumed less than a week ago. That bodes well for rival retailers like Target and Kroger.
Just because Walmart is winning in a challenging environment, however, doesn't actually mean its competitors are as well. This company is distinctly different from other comparable store chains. Namely, it's better-positioned to thrive regardless of the economic backdrop.
But that still doesn't make the stock a buy right now.
Source Fool.com
Walmart Inc. Stock
With 93 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 74 € shows a slightly positive potential of 6.34% compared to the current price of 69.59 € for Walmart Inc..
