Is Walmart a Millionaire-Maker Stock?
Key takeaways
- WMT NVDA ^GSPC Stock market investors often have to make a trade-off between stability and growth.
- Shares in the blue-chip retailer have risen by an impressive 401% over the past 10 years, far outpacing the S&P 500 s return of just 251%.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
WMT NVDA ^GSPC Stock market investors often have to make a trade-off between stability and growth. That s because the fastest-growing companies often have riskier business models, which leads to more volatility. That said, Walmart (NASDAQ: WMT) has recently begun turning this axiom on its head.
Shares in the blue-chip retailer have risen by an impressive 401% over the past 10 years, far outpacing the S&P 500 s return of just 251%. And while the company has practically no exposure to glamorous growth opportunities such as generative AI, its massive scale and booming e-commerce business have helped keep its stock relevant.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »