- Flipkart is the future, and WMT goes down 3%.
- A good return with low risk can be reached with a prudent approach to investing in WMT.
- WMT’s online business is now where Amazon’s was 10 years ago.
Walmart (NYSE: WMT) recently announced that it will pay $16 billion for a 77% stake in Flipkart, the Indian online retailer. This is the company’s largest acquisition to date, and shows how in today’s world, it’s still important to look beyond current numbers and invest in growth.
I want to discuss Walmart and what they are doing for the long term, compare that to Amazon, see whether their strategies are fairly valued by the market, and how to go about investing in WMT. More →