Walmart Stock: Is it good for an Investment Right Now?
Walmart has had a good time lately and even the last year which was an unstable year because of the coronavirus pandemic went quite well for the company. Walmart currently stands in competition with Amazon because of the similarity in their businesses. The major similarity came about when Walmart launched its Walmart+ which is similar to Amazon’s Amazon Prime and this is how both the firms stand against each other in a tough competition in the same field. Another plus point of Walmart is that it has a consistently increasing dividend. Although the stocks with dividends are sometimes risky for investing when it comes to those companies which have increased their dividend without fail, an investment there would not bring about losses. Walmart along with Walmart+ is also developing Walmart Health. The company is expanding its business in different fields to earn profits from everywhere and make the company stronger than before. Walmart Inc. (NYSE: WMT) 52 Week Range: $102.00 - $153.66 Average Volume: 7,616,816 Market Capital: $413.416B Forward Dividend and Yield: 16 (1.49%) The company presently gives a good dividend and yield to its shareholders and there is a very high chance that the dividend will only go towards the side of increment. The company stands strong even against the e-commerce giant Amazon and that is something very great for the firm. Every year, Walmart+ costs $98 (monthly $12.95 and also comes with a free trial for 15 days) whereas Amazon Prime costs $119 (monthly $12.99). Covid-19 worked in…