Why Walmart Is Eating Other Retailers for Lunch

During the past year, Walmart (NASDAQ: WMT) stock has gained almost 27%, and is in a separate class from other retail stocks. The company's shares have strongly outperformed other major retailers in the past year, like Costco Wholesale (down 4.8%), Amazon (down 5.8%) and Target (down 8.9%). Walmart is also beating the performance of the State Street SPDR S&P Retail ETF, which provides exposure to 73 stocks across the broader retail sector, and is up 14% in the past year. Why is Walmart stock doing so muc ...