1 Incredible Reason to Buy Walmart (WMT) Stock Before It Reports Earnings on Aug. 20 -- and 1 Reason Not To
Walmart tends to perform well in both good economies and bad -- and its e-commerce business is growing briskly.
Overview
If you're looking for a solid blue chip stock for your portfolio, consider Walmart (NASDAQ: WMT).
Why invest in Walmart? Let's start with its dividend, which recently yielded 0.9%. That may not seem huge, but it's not far from the recent yield of the S&P 500 index, and it's a payout that has been growing -- by about 6%, on average, over the past five years.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.