#1 - Walmart (NYSE:WMT)
There are few sure things among retail stocks, but Walmart Inc. (NYSE: WMT) is a notable exception. In fact, the company may epitomize the idea of a defensive stock. The company’s business model, which focuses on delivering “everyday low prices,” attracts a loyal customer base who rely on making their dollars go further under any circumstances.
However, Walmart hasn’t rested on its considerable laurels. Instead, the company has expanded into e-commerce with its Walmart+ program. Walmart is also taking a lead role in the trend toward inventory efficiency through robotics and automation that will drive future earnings growth.
And Walmart’s investments in its business don’t come at the expense of its robust free cash flow or its commitment to increasing shareholder value. The company does that through regular share repurchases and regular dividends. In fact, Walmart is part of an exclusive group of companies known as Dividend Kings that have increased its dividend for at least 50 consecutive years.
About Walmart
Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.
Read More - Current Price
- $90.91
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 29 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $94.08 (3.5% Upside)
