Here's how much money you'd have if you invested $1,000 in Walmart 10 years ago
Publishing timestamp: 2023-02-22 16:19:20
Summary
Walmart reported strong revenue and earnings for its fiscal fourth quarter, beating analysts' expectations. Walmart is currently the largest grocer in the country by revenue, and its generally low grocery prices have attracted customers of all income levels. Walmart gave a cautious outlook for the fiscal year ahead due to high grocery prices and shoppers buying fewer discretionary items. If you had invested $1000 into Walmart one, five, or ten years ago, your investment would have increased significantly. Experts typically recommend investing in low-cost index funds, such as the S&P 500, which has grown by 166% since 2013.
Sentiment: POSITIVE
Keywords: personal investing, s&p 500 index, walmart inc, personal finance,