Is Walmart a Recession Buster?

Is Walmart a Recession Buster?
Walmart is one stock that can potentially outperform if the US economy takes a downturn. Many analysts consider Walmart a good stock to own through a recession since its discounted stock can be in even greater demand during a recession when consumers have less disposable income.
Is Walmart a good stock to consider buying on any increasing US recessionary fears?
From June 27 through to August 15 Walmart has gained 8 times over the last 1 years. The average return has been +4.83% and the annualised return has been over 40%. The largest gain was +13.89% in 2020. Will Walmart repeat this strong seasonal pattern again this year?
Major Trade Risks: If there is any negative news for Walmart, this outlook can be impacted as well as any global risk off moves which can prompt US stock selling.
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