Walmart (WMT), the bricks-and-mortar giant that's struggled to compete against Amazon (AMZN), is surprising investors as its stock has raced past the e-commerce leader in June, according to a detailed story in the Wall Street Journal. There are several reasons why Walmart shares are outpacing Amazon this month, according to articles in the Journal and Barron's. For starters, the stock market's wild swings have prompted many investors to seek safety in companies such as Walmart, a consumer staples stock that sells household items. Read More...
3 Reasons Walmart Is Beating Amazon Amid the Market’s Giant Rally
Walmart (WMT), the bricks-and-mortar giant that’s struggled to compete against Amazon (AMZN), is surprising investors as its stock has raced past the e-commerce leader in June, according to a detailed story in the Wall Street Journal. There are several reasons why Walmart shares are outpacing Amazon this month, according to articles in the Journal and Barron’s. For starters, the stock market’s wild swings have prompted many investors to seek safety in companies such as Walmart, a consumer staples stock that sells household items.
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