1 Stock I'm buying August 2019 | Walmart Stock Analysis
1 Stock I'm buying August 2019 (and literally every couple weeks): Walmart.
Walmart currently has a P/E of 38.6 and a Dividend of $2.12 per share for a dividend yield of 1.89%.
Walmart has been a top stock in the stock market for many years and it's been one of the most stable dividend stocks over the past 50+ years. Obviously what justifies the fairly high price to earnings ratio is how stable the stock is, was, and will be far into the future.
Walmart also has a large international portfolio in huge growth countries like china and india. I think this stock is one of the safest stocks out there right now.
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