Why Walmart Stock Is the Recession-Proof Powerhouse You Need in Your Portfolio Right Now

With higher-for-longer interest rates, investors fear economic pressures on their portfolios. That’s understandable, and I have a solution that you can use right now. Diversification is key, and Walmart (NYSE:WMT) is about as diversified as a company can get. Walmart stock is the perfect portfolio holding during these uncertain times. I probably don’t need to convince you that Walmart is a powerhouse among physical retail store chains. Walmart is also a formidable e-commerce company. As InvestorPlace contri ...