Is Walmart (WMT Stock) a recession buster? [Video]

Giles Coghlan LLB, Lth, MA Financial Source

Walmart is one stock that can potentially outperform if the US economy takes a downturn. Many analysts consider Walmart a good stock to own through a recession since its discounted stock can be in even greater demand during a recession when consumers have less disposable income.

Is Walmart a good stock to consider buying on any increasing US recessionary fears?

From June 27 through to August 15 Walmart has gained 8 times over the last 1 years. The average return has been +4.83% and the annualised return has been over 40%. The largest gain was +13.89% in 2020. Will Walmart repeat this strong seasonal pattern again this year?

Major trade risks: If there is any negative news for Walmart, this outlook can be impacted as well as any global risk off moves which can prompt US stock selling.

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Author

Giles Coghlan LLB, Lth, MA

Financial Source

Giles is the chief market analyst for Financial Source. His goal is to help you find simple, high-conviction fundamental trade opportunities. He has regular media presentations being featured in National and International Press.

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