The once-dominant home goods chain Bed Bath & Beyond Inc. (BBBY) filed for bankruptcy protection last month, following months of desperate measures to come up with enough money to stay afloat. BBBY’s collapse will likely benefit various industry players, including Walmart Inc. (WMT).
WMT’s diversified business model, competitive pricing, and rising online presence position the company to grow strongly this year and beyond. Hence, investors could consider scooping up shares of this top big-box retailer now. In this piece, I have discussed several reasons why I am bullish on WMT.
