The post The No. 1 Reason to Buy and Hold Walmart Forever Has Virtually Nothing to Do With Its Brick-and-Mortar Stores appeared first on 24/7 Wall St..
Walmart (WMT) built a high-margin digital flywheel generating software-like revenue streams independent of store operations.
Walmart's advertising and membership businesses already represent a quarter of profits, with advertising up 37% and membership up 17.4% globally.
The company compounds s…