Can McMillon Turn Wal-Mart Around?

By Chris Hill and Jason Moser – Nov 25, 2013 at 8:27PM

NYSE: WMT

Walmart

Market Cap

$487B

Today's Change

(0.07%) $0.04

Current Price

$60.48

Price as of May 10, 2024, 4:00 p.m. ET

Wal-Mart's CEO passes the torch. Is the new CEO-to-be the right one for the job?

In this video from Monday's edition of The Motley Fool's Investor Beat, host Chris Hill and Fool analyst Jason Moser take a hard and fast look at the top investing stories of the day.

Wal-Mart (WMT 0.07%) CEO Mike Duke has announced that he will step down, with the current head of Wal-Mart International, Doug McMillon, to take his place. In this segment, the guys discuss why they like the move, what McMillon brings to the table at Wal-Mart, and why this may be a hint at Wal-Mart's future direction.

Chris Hill and Jason Moser own shares of Amazon.com. The Motley Fool recommends and owns shares of Amazon.com. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.