Walmart: E-Commerce And Marketplace Will Determine The Future; Initiate With 'Buy'
Walmart(WMT) Seeking Alpha·2024-09-10 18:29
Alexander Farnsworth Walmart (NYSE:WMT) has been growing their e-commerce and omnichannel presence over the past few years, by expanding their distribution centers, logistics, 3rd party sellers as well as overall e-commerce technology. I think the company is starting to harvest its past investments, and the e-commerce business has contributed significantly to the overall same store sales growth. I am initiating a 'Buy' rating with a one-year target price of $90 per share. Growth In E-Commerce And Marketplac ...