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9 Reasons to Buy Walmart's Stock

Kiplinger Logo By James Brumley, Contributing Writer, Kiplinger.com of Kiplinger | Slide 1 of 10: <p>One of the perks of being the world’s biggest brick-and-mortar retailer by sales and square footage is owning a brand name everyone recognizes. Yes, that's <strong>Walmart</strong> (<a href="http://www.kiplinger.com/tfn/index.php?ticker=WMT&amp;page=stockTipsheet" target="_blank">WMT</a>, $80.53), which boasts sales of $241 billion across the past four reported quarters, as well as 1.1 billion-plus square feet of retail space in its global network of more than 11,600 stores.</p><p>No competitor even comes close to those measures. </p><p>If you think Walmart has always successfully leveraged its size to remain the most compelling investment in the general merchandise retailing space, however, think again. The company's mostly unfettered growth also allowed Walmart to get a little sloppy in terms of execution, which resulted in a sizable hit to the stock's value in 2015. All told, WMT shares fell roughly 30% that year, prompting some investors to lose interest in the stock.</p><p>As the adage goes, though, nothing lasts forever. Walmart has seen the error of its way and has been fixing its issues, achieving a level of success many investors never would have expected from the once-struggling retailer just a couple of years ago – including a recently released forecast that has Wall Street enthusiastic about the stock's prospects.</p><p>Here’s a closer look at nine things the company is doing right that should convince investors to trust WMT again.</p>SEE ALSO: <a href="http://www.kiplinger.com/slideshow/investing/T052-S001-30-great-stocks-of-all-time/index.html">The 30 Greatest Stocks of All Time</a>

9 Reasons to Buy Walmart's Stock

One of the perks of being the world’s biggest brick-and-mortar retailer by sales and square footage is owning a brand name everyone recognizes. Yes, that's Walmart (WMT, $80.53), which boasts sales of $241 billion across the past four reported quarters, as well as 1.1 billion-plus square feet of retail space in its global network of more than 11,600 stores.

No competitor even comes close to those measures.

If you think Walmart has always successfully leveraged its size to remain the most compelling investment in the general merchandise retailing space, however, think again. The company's mostly unfettered growth also allowed Walmart to get a little sloppy in terms of execution, which resulted in a sizable hit to the stock's value in 2015. All told, WMT shares fell roughly 30% that year, prompting some investors to lose interest in the stock.

As the adage goes, though, nothing lasts forever. Walmart has seen the error of its way and has been fixing its issues, achieving a level of success many investors never would have expected from the once-struggling retailer just a couple of years ago – including a recently released forecast that has Wall Street enthusiastic about the stock's prospects.

Here’s a closer look at nine things the company is doing right that should convince investors to trust WMT again.

SEE ALSO: The 30 Greatest Stocks of All Time
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