Is Walmart a Millionaire-Maker Stock?
What comes next for the iconic big box retailer?
Is Walmart a Millionaire-Maker Stock?
Overview
Stock market investors often have to make a trade-off between stability and growth. That's because the fastest-growing companies often have riskier business models, which leads to more volatility. That said, Walmart (NASDAQ: WMT) has recently begun turning this axiom on its head.
Shares in the blue-chip retailer have risen by an impressive 401% over the past 10 years, far outpacing the S&P 500's return of just 251%. And while the company has practically no exposure to glamorous growth opportunities such as generative AI, its massive scale and booming e-commerce business have helped keep its stock relevant.
Details
Let's dig deeper to decide whether Walmart still has millionaire-maker potential.
Source
Originally published at www.fool.com.
