Where Will Walmart Stock Be in 3 Years?

A look back at the performance of Walmart's (WMT -0.40%) stock in the 21st century reveals some interesting trends. From 2000 to 2016, Walmart's stock rose in value by roughly 0%. That's a terrible return for a 16-year holding period. Then, suddenly, Walmart's stock price began to rise. Since 2016, shares have tripled in value. In the past 12 months, their 29% jump has narrowly outperformed the heady 27% rise of the S&P 500. What caused Walmart's resurgence over the past eight years or so? More importantly, ...