#1 - Walmart Inc. (NYSE:WMT)
Walmart Inc. (NYSE: WMT) - Walmart (WMT) has a 45-year history of not only paying out dividends but increasing its dividend as well. That's reason enough to look beyond the fact that the dividend yields have been slowing in recent years. For retirees, WalMart is committed to returning value to their shareholders. However, there's another compelling reason for retirees to want to have this giant retailer in their portfolio: e-commerce. You heard that right. E-commerce from a retailer not named Amazon. Walmart made strategic acquisitions of Jet.com in 2016 and of Flipkart in May of this year. What first looked like desperation is now being rewarded by analysts as a savvy move that could have the company see online sales jump from their current rate of 5% of total sales to as high as 15% in a few years. And with a presence in 28 countries and revenue of over $500 billion, Walmart is not going to be giving up its ability to influence pricing or distribution anytime soon.
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
- $90.44
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 29 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $91.88 (1.6% Upside)
