Walmart: Great Company, But Stock Decline Next

Walmart (WMT) has a solid business foundation in America, a foothold in most consumer pocketbooks, and can easily hold its own against the two biggest nationwide COVID-19 retail competitors Target (TGT) and Amazon (AMZN). The value proposition of its hybrid e-commerce product offerings and local store pickup option may even be best in breed during the summer of 2020. However, valuations are quite high historically and interest in the stock has been waning since April.
First the good news – Walm…

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