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You're Smart to Stock Up on Walmart


If you're a risk-seeker on the hunt for double-digit growth, look elsewhere. If you're in the market for a reliable investment regardless of what happens over the course of the coming few months, put Walmart (NYSE: WMT) on your shopping list. And buy plenty of shares. This brick-and-mortar retailer has turned itself into an all-weather player ready for anything.

That couldn't be said just a few years ago. Plagued by poorly stocked store shelves, disinterested employees, and an e-commerce platform that was getting trounced by Amazon, Walmart offered no measurable upside. Since taking the helm in 2014, though, CEO Doug McMillon has made the retailer a force to be reckoned with. And the best could be yet to come.

Image source: Getty Images.

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Source Fool.com

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