Most experts are predicting a recessionary in 2023. Of course, Walmart stock is again, a great stock to buy.
Analysts expect WMT’s revenue for the fourth quarter (ending January 31, 2023) to increase 4.3% year-over-year to $158.08 billion, while its EPS is expected to amount to $1.50. It has surpassed the Street EPS estimates in three of the trailing four quarters. Over the past six months, the stock has gained 17.1% to close the last trading session at $143.60.