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• If you are wondering whether Walmart shares still offer value after a long run, you are not alone. This article focuses squarely on what the current price might mean for potential risk and reward.

• At a last close of US$131.18, Walmart has posted returns of 10.1% over the past 7 days, 16.4% over 30 days, 16.3% year to date, 30.9% over 1 year and 184.0% over 3 years, with a 5 year return of 191.5%.

• Recent attention on Walmart has centered on its role as a major US retailer and a bellwether for consumer spending. This has kept investors focused on how its scale and everyday low price position fit into their…