3 Reasons to Buy Walmart Stock Like There's No Tomorrow

Walmart (NYSE: WMT) shared some exciting news last week with the announcement of CEO Doug McMillon's retirement. McMillon has shepherded the company for the past decade, bringing its digital channels up to par and protecting the company's economic moat. However, he's moving on, and Walmart veteran John Furner will be taking the reins on Jan. 31, 2026.The announcement didn't make many waves because for solid companies that run well, it's just a handover. Investors don't expect any big changes at Walmart, which is going from a longtime veteran CEO, who started at the bottom, to another longtime veteran, who started at the bottom.These executives know the company inside out, and Furner isn't likely to make any unusual moves. However, there's always innovation happening at Walmart, which is how it keeps its top spot. It's also one of three reasons to buy Walmart stock today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool