Is Walmart a Recession-Proof Stock?

When the economy slows, consumers often trade down to value retailers like Walmart. But does that make the stock truly ...
The Spokesman-Review

As consumers focus on low prices, Walmart’s sales rise

Good news for Walmart might be bad news for the U.S. economy. The nation’s largest retailer said Thursday that its profit rose 34%, to $6.1 billion, in its most recent quarter as consumers looked for ...
Insider Monkey

Jim Cramer on Walmart CEO: “Doug McMillon Made the Stores More Appealing While Keeping Prices Low”

Walmart Inc. (NASDAQ:WMT) is one of the stocks Jim Cramer discussed, along with recent market rotation. Cramer noted Doug McMillon’s retirement and highlighted that he made the stores “more appealing.
The New York Times

As Consumers Focus on Low Prices, Walmart’s Sales Rise

The retailer increased its guidance for the year, anticipating more price-conscious shoppers would flock to its stores. By Jordyn Holman Good news for Walmart might be bad news for the U.S. economy.