Where Will Walmart Stock Be in 3 Years?
(NYSE: WMT) is one of the few big-box retailers that survived the rise of Amazon (NASDAQ: AMZN) and other e-commerce platforms over the past two decades. Instead of closing its stores to cut costs, Walmart stayed relevant by renovating its stores, matching Amazon's prices, expanding its e-commerce marketplace, and using its brick-and-mortar stores to fulfill its online orders. It also expanded its delivery options and rolled out its own subscription services.
Over the past three years, Walmart's stock rallied more than 30% as the S 500 advanced 22%. But will it continue to beat the market over the next three years?
Image source: Walmart.
Source Fool.com
Walmart Inc. Stock
€59.47
1.000%
The stock is an absolute favorite of our community with 66 Buy predictions and no Sell predictions.
With a target price of 156 € there is potential for a 162.32% increase which would mean more than doubling the current price of 59.47 € for Walmart Inc..
