This Walmart Rally has Legs: 20% Upside Left To Go
WalmartWalmart(US:WMT) marketbeat.com·2024-05-16 13:21

Key PointsWalmart had a blowout quarter, outperforming on the top and bottom lines, with revenue growth accelerating sequentially. The quarter was FCF negative but is not a worry, with earnings and cash flow expected to improve as the year progresses.Capital returns are reliable and include $1.1 billion in repurchases and a dividend in Q1. 5 stocks we like better than WalmartWalmart’s NYSE: WMT stock is rallying because of its industry-leading position and persistent growth. The Q1 results have spurred the ...