Target’s Wipeout Shows Why Walmart Stock Isn’t Too Expensive

Target’s Wipeout Shows Why Walmart Stock Isn’t Too Expensive·Barrons.com

Walmart is known for low prices, but with rival big-box store Target turning in yet another disappointing quarter, Walmart stock looks increasingly worth paying a premium for. Walmart U.S.’s chief growth officer says that the results demonstrate that the company’s alternative revenue streams—from e-commerce to its subscription service and advertising—are giving consumers and merchants what they are looking for. Target had its worst day in years on Wednesday.

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