Top-7 Anti-crisis Stocks at Wall Street: Walmart
The chains of discount stores in the United States like Walmart or Target look to be immune to inflation surges or even may win in consumers' attention when the prices are going up all over the country. Consumer inflation almost reached the level of 8% year-on-year in March. Financial regulators are not in a hurry to act decisively against it. Until recently, the Federal Reserve considered inflation as a transitional phenomenon. In such conditions, many households tend to save their money by visiting stores where they have a chance to buy cheaper. During the pandemic, Walmart has increased the number of its customers by offering free deliveries and a smart loyalty program. This process is only going faster in the face of rising retail prices for food and convenience goods.
Walmart's financial report on February 17 revealed an all-time record sales of more than $150 billion in the history of this chain of stores, plus an increase in net profit compared to the previous quarter and only a slight decrease in profit compared to the first half of 2021. A solid report helped Walmart stocks to gain almost 8% in the following four weeks, but the peak values of 2021 are still about 6% higher. So these stocks could be characterized as potential value stocks with at least enough free space above the current price to previous records. And with a tailwind, such kinds of stocks could be a rather stable anti-inflation instrument for investors.