If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.
Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.
Walmart Inc. has evolved from just being a traditional brick-and-mortar retailer into an omnichannel player. In this regard, acquisitions; partnerships; delivery programs like Walmart + and Express Delivery; and investment in online e-commerce platform Flipkart are noteworthy. These position the company to keep pace with the changing retail ecosystem and stay firm in the presence of rivals like Amazon and Target. Markedly, Walmart’s product offerings include almost everything from grocery to cosmetics, electronics to stationery, home furnishings to health and wellness products, and apparel to entertainment products, to name a few.
WMT was added to the Zacks Focus List on May 30, 2017 at $26.04 per share. Since then, shares have increased 294.97% to $102.85.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.01 to $2.48. WMT also boasts an average earnings surprise of 9.3%.
Additionally, Walmart's earnings are expected to grow 11.7% for the current fiscal year.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like WMT offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Walmart Inc. (WMT) : Free Stock Analysis Report
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