#1 - Walmart (NYSE:WMT)
Walmart (NYSE:WMT) - It wasn’t long ago that investors were writing the eulogy for Walmart (NYSE:WMT). The suspicion was that Amazon (NASDAQ:AMZN) which continues to dominate the e-commerce space, was going to move in Walmart’s grocery sector. This would take away a significant lever Walmart had available to fend off the e-commerce giant. However, Walmart like Target (NYSE:TGT), has become one of the best examples of the “new retail”. The company has proven to be nimble enough to embrace an omnichannel model that is allowing the company to not only survive, but thrive.
In 2019, WMT stock rose by over 30%. If the company reports positive earnings for the fourth quarter, it should be well on its way to another solid year. And that’s good news for dividend investors. Lowe’s has raised its dividend every year for the last 45 years and there’s no reason to think that will change in 2020. It has a dividend yield of 1.8%, which compares favorably to two of its chief rivals Target at 2.1% and Costco (NASDAQ:COST) at 0.8%.
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
- $88.27
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 29 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $91.49 (3.7% Upside)
