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Walmart Stock Nears All-Time High Despite Sounding an Alarm on the Economy. Should Investors Be Concerned?
Walmart (NYSE: WMT) just reported another solid all-around quarter, especially considering many retailers are struggling due to cost-of-living increases, which is straining consumer spending and hitting the lower and middle classes particularly hard. Walmart is on track to beat the S&P 500 for the second consecutive year and has more than doubled over the last three years, compared to a 65% gain in the S&P 500.Let's consider why Walmart continues to perform as well as a red flag that the company discussed on its latest earnings call -- and whether the dividend-paying Dow Jones Industrial Average component is a worthwhile investment now.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool