We decided to invest into Walmart due to its commitments into emerging markets, especially India. Their Indian e-commerce platform Flipkart has a large user base in the continent in both high population areas but also in the more remote villages as well. Furthermore, Flipkart is now moving into delivering groceries, which has a lot of potential in the country as the population continues to increase. Lastly, we decided to buy stock now specifically because earning reports are coming out tomorrow and we believe they will provide a strong outlook.

Investing in Walmart will indirectly give us exposure to India, given its sustainable retail presence in the country. Furthermore, we expect this stock to perform well. First, despite fears of potentially entering a recession, Walmart demand will continue to stay high as it offers staple products, such as food and sanitary products. Additionally, its sales will likely rise with the coming holiday season. Overall, this investment will expose us to a new country and market type.

Chose the share according to the investment strategy.

Buy and (and hold for the long-term) 15 stocks with the most valuable brands. Buy equal-weighted, i.e., buy each stock with around USD 66,666. During the short-time period of the investment course, there will be no changes done to the initially selected stocks.

Walmart is a giant in retail chain industry being the world’s largest private-sector employer. Walmart is known for everyone as a place to buy their everyday groceries and everything the customer could need. Walmart has made progress lately in reducing inventory and managing prices to reflect current inflation and supply-chain costs. With their continuous increase in productivity and innovation, we believe Walmart will stay in the hearts of many Americans and could potentially expand overseas.

5 month uptrend. RSI(14) 65. Above moving averages

Walmart has consistently delivered solid earnings. Consumer spending does not seem to be steeply declining despite recessionary fears and so we believe Walmart, with its diversified offerings, will continue to perform well. They have large EM exposure in markets like China, Chile, and India in primarily the e-commerce sector; their partnership with Flipkart in India has been paying off as the e-commerce giant remains competitive despite pressures from Amazon.

Walmart has a lot of exposure to EM countries due to offshore manufacturing, specifically regions such as China, Taiwan, etc. we don't have a good manufacturing component in our portfolio either.