Walmart Just Showed Why It's the Ultimate Recession-Proof Stock
Walmart (NYSE: WMT) has long outperformed during recessions.
Founder Sam Walton built the company on the promise of everyday low prices, and consumers have flocked to its stores for its value prices on everything from groceries to apparel to electronics.
But beyond its reputation for low prices, there's another reason why Walmart is wowing Wall Street at a time when rivals like Amazon and Target are flopping.
Source Fool.com