Walmart (WMT) Surpasses Amazon (AMZN) in Online Sales Growth

NEW YORK (TheStreet) -- Walmart  (WMT) long ago proved its supremacy among bricks-and-mortar stores, but now online retailers best watch out, too. The world's largest retailer is growing online sales faster than internet heavyweight Amazon (AMZN). That's the first time Walmart has eclipsed Amazon in sales growth in a decade.

Research from Internet Retailer, as reported by The Wall Street Journal, shows Walmart online sales soaring 30% over last fiscal year, while Amazon's climbed 20%.

However, Amazon still dominates Walmart in terms of total sales volume. Over the annual period, Amazon amassed $67.8 billion in sales, while Walmart rang up $10 billion. 

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TheStreet Ratings team rates WAL-MART STORES INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate WAL-MART STORES INC (WMT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, reasonable valuation levels, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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