#1 - Walmart (NYSE:WMT)
In fairness, I could just as easily lead off with Amazon (NASDAQ:AMZN). But the company’s shares are out of the reach of many retail investors. So I’ll go with Walmart (NYSE:WMT), which truthfully is a great e-commerce play in its own rite.
That’s right, I said e-commerce because Walmart is continuing to go all-in on e-commerce. And it’s not just in the United States. The company now has a majority stake in Flipkart and owns a 5% stake in JD.com (NASDAQ:JD). This gives the company access to a solid e-commerce presence in India and China, respectively.
The company’s rising e-commerce sales (digital sales were up over 70% in its most recent quarter) should equate to higher profit margins. And if you can believe it, WMT stock appears to be undervalued with a price-to-earnings (P/E) ratio of just over 22, well below the S&P’s mark of around 36.
Rising earnings and profit add a good valuation and throw in the company’s standing as a Dividend Aristocrat, and there is very little reason to avoid Walmart stock.
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)
