Arkansas-headquartered Walmart Inc. (WMT) operates Walmart and Sam's Club brick-and-mortar retail stores across multiple countries. I am bullish on the stock. Lately, financial traders have been singing a downbeat tune when it comes to Walmart. Judging by the price action of Walmart stock, you might be tempted to assume that the company is in dire straits, and that American consumers don't shop there anymore. Don't misunderstand - there are challenges that investors shouldn't ignore. Walmart President and CEO Doug McMillon has a major problem to overcome as his company has to deal with global supply chain issues.
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