This Was the Biggest Surprise to Come Out of Walmart's Earnings. Should You Buy the Stock Hand Over Fist?
(NYSE: WMT) made waves last week when it reported better-than-expected earnings results, and the stock is up around 10%.
There is a lot to like with Walmart right now. It is favorably positioned to benefit from a consumer base continually getting squeezed by inflation. The low-price model of the business, coupled with the mounting convenience of its e-commerce segment, makes the stock a compelling play.
The big news in Walmart's fiscal 2025 first quarter was its growing strength in e-commerce. In particular, the home delivery part of the business grew at a rate that outpaced store pickups for the first time.
Source Fool.com