#3 - Walmart (NYSE:WMT)
Walmart (WMT)- Beta: 0.27 - Dividend Yield: 1.75%
Would you be surprised if I told you that Walmart (NYSE:WMT) may be a better investment at the moment than Amazon (NASDAQ:AMZN)? Amazon is a strong, well-run company and its stock will probably be moving much higher. However, Amazon continues to invest most, if not all, of their earnings back into their business. The company’s current initiative is designed to help the company better protect workers, and ultimately customers, in response to the Covid-19 pandemic.
In the past, that would have received a thumbs up from shareholders. But for now at least, Amazon stock took a dip. Meanwhile, despite missing on both revenue and earnings per share (EPS) in its latest earnings report, Walmart stock is showing a slight gain in 2020. One of the reasons, of course, is that the company is regarded as an essential business. But Walmart has taken huge strides in embracing the omnichannel model that Amazon continues to perfect. With customers having multiple options for ordering and receiving the merchandise they purchase, the company is showing to be an even stronger defensive stock than they were before. And Walmart offers a consistent, secure dividend that the company has increased for the last 45 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
- $92.24
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 29 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $93.69 (1.6% Upside)
