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Top Picks 2019- Walmart WMT

Walmart, Inc. (WMT) — our top growth pick for 2019 — is the world’s largest retail and wholesale business; while it is best-known for being a low-cost provider of consumer goods, they have also made some critical shifts to capitalize on their position in the marketplace, by utilizing their robust distribution network in the grocery business, Joe Laszewski, senior portfolio manager for Stack Financial Management. Walmart has been winning at grocery by leveraging their scale and logistical expertise to offer better stock levels and fresher perishables, along with new innovations like online ordering, in-store pickup, and in-home delivery. The company's focus on grocery has helped them not only steal market share from traditional supermarket chains, but it also helps to insulate them from challenges facing many retailers that are losing revenue to online competition. Online sales growth is slated to come in around +40% in fiscal 2018, yet e-commerce is a significant opportunity to grow the top line, as it accounts for less than 5% of total revenue.

First found on: www.moneyshow.com And then on: 2 other references

2 other references

Top Picks 2019: Walmart (WMT)

Published on 11/01/2019 10:07 by: www.moneyshow.com

Top Picks 2019- Walmart WMT

Published on 11/01/2019 10:00 by: finance.yahoo.com