Walmart Inc. (WMT) is a mega-cap retailer with a market cap of $829.7 billion, offering a wide range of products through various segments. Despite a recent 5% drop from its 52-week high, WMT shares have risen 7.5% in the last three months, outperforming XLP. The stock is up 15.2% YTD and 15.1% over the past year, consistently trading above its 200-day moving average. Following a strong Q3 performance with revenue up 5.8% to $179.5 billion, WMT stock climbed 6.5% on Nov. 20. Analysts are bullish on Walmart’s prospects, with a consensus rating of “Strong Buy” and a mean price target of $118.46.
Read more at Barchart: Is WMT Outperforming the Consumer Defensive Sector?
