Walmart is a wonder stock

The retail giant offers low-cost options and household products, meaning it’s a top choice even as shoppers stock up on non-essential items. Also, booming demand for curbside pickup and delivery services fueled a 21 percent increase in Walmart’s quarterly e-commerce revenue. And its expanding network of third-party merchants and resulting advertising sales (up 26%) point to burgeoning growth areas for the company.

WMT already has a considerable advantage in terms of retail footprint among its competitors. Its growing e-commerce and third-party ecosystems could help it thrive further. This is especially true if the company’s substantial investments in AI translate into the efficiencies it seeks. All in all, this led WMT to announce a stock split in February.

No wonder WMT shares are up 47% this year – and could rise more. MAPsignals data shows how Big Money investors are betting heavily on the anticipated picture of stocks.

Walmart’s Stock in Accumulation

Institutional volumes reveal a lot. Over the past year, WMT has enjoyed strong investor demand, which we believe is institutional support.

Each green bar signals unusually high volumes in WMT stock. These reflect our proprietary entry signal pushing the stock higher:

A lot of commodity names are piling up right now. But there is a strong underlying story going on with Walmart.

Walmart Fundamental Analysis

Institutional support and a sound fundamental background make this company worth investigating. As you can see, WMT has seen strong sales and earnings growth:

Source: FactSet

EPS is also expected to grow this year by +11.3%.

Now it makes sense why the stock has reached new highs. WMT has a track record of strong financial performance.

Combining great fundamentals with our proprietary software has found some big winning stocks over the long term.

Walmart was one of the most valued stocks on MAPsignals. That means the stock has unusual buying pressure and rising fundamentals. We have a ranking process that features such stocks weekly.

It has made the Top 20 rarity several times since 1990. The blue bars below show when WMT was a top pick…making the stock price rise:

Tracking unusual volumes reveals the strength of cash flows.

This is a trait most outlier stocks exhibit…the best of the best. High demand for money drives stocks up.

Walmart Price Forecast

The WMT rally is nothing new. Buying stocks with Big Money means paying attention. Given its historical share price gains and strong fundamentals, this stock could be worth a place in a diversified portfolio.

The story continues

Disclosure: Author owns WMT in personal and managed accounts at time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor taking your investing to the next level, learn more about the MAPsignals process here.

This article was originally posted on FX Empire

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