Is Walmart a Perfect Stock for Your Retirement Portfolio?
When building a retirement portfolio, you want to focus on companies that have shown not just longevity, but also adaptability. You want brands that have shown they can change as the market does, not companies set with one way of doing things.
Walmart (NYSE: WMT) has shown that it can be one of those companies. The retail giant could have simply rested on its laurels as the largest brick-and-mortar retailer in the world and eventually gone into a slow decline as more shopping moves online and customers demand same-day delivery. Instead, it made the sometimes painful transition to become an omnichannel business, which makes it a near-perfect pick for your retirement portfolio.
Walmart has tried all sorts of ways to get orders to customers. Image source: Walmart.
Source Fool.com
