3 Reasons to Buy Walmart Stock Like There's No Tomorrow

Walmart (NYSE: WMT) stock is the second-best-performing investment in the Dow Jones Industrial Average this year. That result might seem strange given that the retailer isn't nearly as profitable as the AI-powered tech giants that have dominated headlines in the past year.Walmart does have exposure to some attractive tech spaces, of course. But it is still a retailing stock, with all the limited growth and earnings opportunities that come with operating in that competitive sector. Still, the stock looks attractive, even following its market-thumping rally through most of 2024. Let's look at three reasons why.Walmart is serving more customers this year, with shopper traffic up 3% in the third quarter compared to a year earlier. That's great news for any large retailer. Target, by contrast, expanded traffic at a 2.4% rate for the same period.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool