Walmart’s reputation for low prices makes it a top choice for consumers during economic downturns. Customers opt for Walmart over high-end retailers when money is tight. As a Dividend King, Walmart has increased dividends for 52 consecutive years. The company benefits from being a consumer staples stock, offering essential items at competitive prices. During tough economic times, consumers often trade down to Walmart for better deals. Walmart’s strong cash flow supports its consistent dividend payouts, making it a reliable investment option.
Read more at Yahoo Finance: 1 Reason I’m Never Selling Walmart Stock
