Is this the right time to buy the Walmart stock right now?
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Right now Walmart's stock (WMT) is trading around $89.20. I am considering buying Walmart's stock (WMT) at some point, but do you think this is the right time to do so? Given the persistently high inflation rate, the retail industry appears to be somewhat unstable.
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Walmart is a defensive stock, so investing in Walmart's shares could be a long-term investment, but high inflation and retail instability could affect its short-term profitability.
Before deciding, review your income, investing goals, company's future expansion, and overall market conditions.