The Week Ahead: Walmart, Home Depot, and Target Report
Big companies in the consumer cyclical and consumer defensive sectors, as well as a big name in technology, are on our radar.
As a well-established brand with a growing impact on the e-commerce platform, we believe Walmart is the only American retailer fit to compete with Amazon.com (AMZN), a company that has disrupted the cutthroat retail environment with its broad scope and distribution. Walmart is also a fit competitor against the coronavirus. As the pandemic continues to leave economic destruction in its wake, we do not expect Walmart’s standing to be shaken for the long term. With the support of its booming grocery offering as well as its status as the most-valuable outlet for leading manufacturers in terms of dollar sales, we predict Walmart will continue to be the dominant traditional retailer.
Carole Hodorowicz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.