Traditional retailer Walmart is coming back big time. And it is beating on-line retailer Amazon in the last three to six months. Company/index 3-month performance* 6-month performance* Wal-Mart 6.55% 19.71% Amazon 2.17 15.67 S&P 500 2.59 5.47*doesn’t include dividend paymentsSource: Finance.yahoo.com 8/10/2017That’s a big change from a few months ago, when Amazon was the undisputed winner on Wall Street, both on short-term and long-term basis. Amazon.com versus Wal-Mart StoresCompany/index 12-month performance* Five-year performance* Wal-Mart 12.71% 27.48% Amazon 76.67 313.10 S&P 500 16.37 75.89*It doesn’t include dividend paymentsSource: Finance.yahoo.com 5/3/2017John Zolidis, President of Quo Vadis Capital, Inc. attributes Walmart’s strong Wall Street performance to investor enthusiasm over its ability to compete effectively against Amazon, and on US “grocery inflation,” which has helped the performance of traditional retailers, and especially Walmart which relies heavily on grocery sales. Besides, Walmart has little chance of beating Amazon in on-line space.
Source: Forbes August 12, 2017 13:18 UTC