Post a Free Blog

Submit A Press Release

Thursday, March 28, 2024
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
-- Advertisement --spot_img
HomeBusinessDoug McMillon and the Future of Walmart

Doug McMillon and the Future of Walmart

Walmart Inc. (NYSE:WMT) has a market cap of 363.56B. Walmart Inc. (NYSE:WMT) has also paid out a $0.54 dividend per share on 2/18/2020.

Walmart Inc. (NYSE:WMT)’s CEO Doug McMillon has been with Walmart Inc. (NYSE:WMT) since 2014. He is considered the genius who took Walmart to the next level of e-commerce operations and soon in direct competition with Amazon. From 2009 to 2014 he was president and CEO of Walmart Inc. (NYSE:WMT) International. From 2005 to 2009 he served as president and CEO of Sam’s Club. He is an excellent example how working hard and being loyal pays off in order to be successful. He is an excellent role model for other employees who desire to rise up within the ranks of the company.

With the onset of the current health pandemic of COVID-19 online shopping has become a lifeline for consumers. While the current state of the economy and people out of work, consumers are looking for rock bottom pricing for products that can be shipped to their homes.

Besides Walmart Inc. (NYSE:WMT) in the U.S., Walmart Inc. (NYSE:WMT) operates internationally. Walmart Inc. (NYSE:WMT) also owns Sam’s Club that is a competitor to Costco. Walmart Inc. (NYSE:WMT)’s lower valuation and higher dividend make it a safer stock in an unstable market.

Walmart Inc. (NYSE:WMT) trades at 23 times forward earnings and pays a forward dividend yield of 1.9%. Dividends have increased annually for 45 straight years. Costco has a higher forward P/E of 38 but pays a lower forward yield of 0.9%. with an increased dividend annually for 16 straight years. Walmart Inc. (NYSE:WMT)’s price-to-earnings ratio is only 15.69% versus Costco’s 29.87%.

Walmart Inc. (NYSE:WMT) is a behemoth operating not only as a grocery store and also as a pharmacy. There is not a consumer staple product that Walmart Inc. (NYSE:WMT) does not sell. Walmart Inc. (NYSE:WMT) also offers financial services such as check cashing, wire transfers, and bill payments.

It’s pretty evident that the stock market and economy will be on edge for many months to come due to COVID-19. Walmart Inc. (NYSE:WMT) has been hiring many workers due to increased demand due to the pandemic. The stock has shown resiliency during this time. Walmart has plenty of cash from operations to manage their near-term interest expenses.

NYSE: WMT      CWEB Analysts view the stock as a long term growth and a great addition to your investment portfolio with an upward momentum of $1000 by 2021 with direct competition to Amazon.

Subscribe to get Latest News Updates

Latest News Articles

You may like more
more

Google code on Pinterest app suggests potential test of ad units, CWEB analysts say

Google and Pinterest might be testing a new partnership....

DraftKings Falls, NCAA Wants to Ban College Prop Bets. CWEB analysts issue Hold Rating on the stock.

Shares of DraftKings Inc.(DKNG) experienced a significant decline on...

Chick-Fil-A backtracks on NAE pledge, to use some antibiotics in chicken

Chick-Fil-A backtracked on its No Antibiotics Ever (NAE) policy...

Bloom Energy’s Price Target Cut at Susquehanna

Susquehanna analysts adjusted their price target for Bloom Energy...