Walmart Stock Up 19% in 3 Months: What's the Best Move for Investors?
Walmart(WMT) ZACKS·2024-10-25 16:01
Walmart Inc. (WMT) has been enjoying gains from its formidable market position, courtesy of a well-diversified product mix and a vast store network that serves as a backbone for in-store and online sales. The company’s shares have rallied 19% in the past three months compared with the industry’s growth of 18.2%. The omnichannel retailer has also fared better than the broader Zacks Retail – Wholesale sector and the S&P 500’s respective gains of 8.5% and 6% in the same frame, showcasing its resilience amid ec ...