WMT - What I'm Buying Instead Of Walmart And Why
Introduction
With the markets lower in anticipation of a global recession amidst the Coronavirus, some stocks have held up better than others. Walmart (WMT) is one of those stocks, which, as of this writing, has a share price of $119, just 7% below its 52-week high of $12.08. While the stock has been upgraded recently and is one of the more obvious recession-resistant equities, it won’t see a dollar of my money. With this downturn, there are much better opportunities for long-term investors with higher risk tolerances and longer time horizons to place