Best Stock to Buy Right Now: Shopify vs. Walmart
For years, Shopify (NYSE: SHOP) and (NYSE: WMT) were very different companies. Both were involved in commerce, but Shopify was completely focused on e-commerce, while Walmart's business was heavily dominated by brick-and-mortar sales.
Today, both companies are competing more directly than ever. Shopify still retains its e-commerce focus, but Walmart has invested hundreds of millions of dollars to bolster its digital sales channels. So far, Walmart's bet appears to be paying off.
With both stocks capable of strong growth in 2024 and beyond, which is a better buy right now?
Source Fool.com
Walmart Inc. Stock
The stock is an absolute favorite of our community with 93 Buy predictions and no Sell predictions.
With a target price of 74 € there is a slightly positive potential of 5.91% for Walmart Inc. compared to the current price of 69.87 €.