Walmart(WMT)
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If You Bought 1 Share of Walmart at Its IPO, Here's How Many Shares You Would Own Now
The Motley Fool· 2024-12-21 13:31
It's hard to fathom a world without Walmart (WMT -1.24%). The company opened its first discount store in the early 1960s and conducted its initial public offering (IPO) in October 1970.If you were lucky and astute enough to buy just one share during its early days as a public company, you'd have many more due to subsequent stock splits.Exactly how many shares would you own? Tracking the stock split history and doing some multiplication will provide the answer. Growing share countWalmart has declared 12 stoc ...
Best Stock to Buy Right Now: Amazon vs. Walmart
The Motley Fool· 2024-12-21 08:06
Walmart (WMT -1.24%) and Amazon (AMZN 0.73%) are the two largest U.S. companies by sales, in that order. However, Amazon is closing the gap and is likely to soon overtake Walmart.You might think it's obvious that Amazon, with all of its artificial intelligence (AI), is the better buy today. But not so fast. Let's see why it may not be as simple as you think.The case for Amazon: AIAmazon is the largest e-commerce company in the country, and it's also the largest cloud computing company in the world. These tw ...
Is This Axon's Next Billion-Dollar Business?
The Motley Fool· 2024-12-19 15:53
Enterprise and consumer products could be big business for Axon.Axon (AXON 0.49%) has become the go-to in body cameras for law enforcement, and we now know retailer Walmart (WMT 0.28%) is bringing body cameras into its stores. Does this open a new market for Axon? In this video, Travis Hoium digs into what could be a multibillion-dollar business.*Stock prices used were end-of-day prices of Dec. 17, 2024. The video was published on Dec. 19, 2024. ...
Best Stock to Buy Right Now: Walmart vs. Target
The Motley Fool· 2024-12-19 14:35
Two retail giants have seen their fortunes dramatically diverge. Walmart (WMT 0.98%) shareholders are basking in a record-setting year, with strong growth propelling the stock to a fantastic 81% return thus far in 2024, at the time of writing. In contrast, Target (TGT 0.60%) shareholders have endured a year to forget, with the stock falling 7% year to date.The winner this past year is clear, but investors may be wondering what lies in store for 2025. Can the fantastic rally in Walmart stock continue, or cou ...
Inside Walmart's Comeback in 2024: Will WMT ETFs Rally in 2025?
ZACKS· 2024-12-18 14:01
Walmart (WMT) stock has made a strong return (up about 78.7%) this year after falling behind Amazon (AMZN) . The company’s investment in technology, including artificial intelligence (AI), augmented reality, and same-day delivery, has led to record earnings and earned it the title of Yahoo Finance's "Company of the Year" for 2024.The stock traded in a tight range of $40 to $50 from December 2019 to December 2023 and then steadily surged this year $96. Over the past five years, Walmart shares have surged mor ...
Walmart is testing body cameras for some front-line employees in Texas
Business Insider· 2024-12-17 22:07
Walmart is testing out body-cams for store employees in one market in Texas.A spokesperson said the goal of the pilot is to improve worker safety and evaluate the results.Earlier this year, Axon introduced a line of cameras designed for retail and healthcare workers.Walmart shoppers in Texas may want to think twice before losing their cool with a store employee — the interaction could be captured from an up-close-and-personal camera angle.Advertisement The retail giant is testing body-cams for store employ ...
Planet Fitness Called the 'Walmart of Gyms' by Jefferies; Shares Rise
Investopedia· 2024-12-17 20:21
Key TakeawaysJefferies analysts boosted their price target on Planet Fitness, calling the gym operator the "Walmart of Gyms," alluding to the chain's large size and low prices.The analysts made Planet Fitness their Top Pick for 2025 in the fitness & wellness sector, and maintained a "buy" rating on the stock.Jefferies said Planet Fitness is benefiting from healthy living trends and from charging higher membership prices. Planet Fitness (PLNT) shares advanced Tuesday after Jefferies research analysts called ...
Some Walmart employees wearing body cameras in stores for safety
Fox Business· 2024-12-17 19:11
Walmart's Body Camera Pilot Program - Walmart is testing body cameras for employees in select Texas stores as part of a pilot program aimed at enhancing employee safety [1] - The program is currently limited to stores in Denton, Texas, located about 40 miles north of Dallas [1] - Walmart plans to evaluate the results of the pilot before making any long-term decisions [3] - The body camera initiative is part of a broader safety and security program, not specifically designed as an anti-theft measure [3] Industry Context and Trends - TJX Companies, parent company of TJ Maxx, Marshalls, and HomeGoods, has also equipped employees with body cameras to deter theft [4] - TJX began using body cameras in certain U S stores over the past year to de-escalate incidents and demonstrate a commitment to safety [5] - The cameras are worn by loss prevention associates, and footage is shared only with law enforcement or in response to a subpoena [6] Retail Theft and Safety Concerns - Retail theft cost businesses $112 1 billion in 2022, according to the National Retail Federation's 2023 survey [6] - 91% of surveyed retailers report increased violence and aggression from shoplifters compared to 2019 [6] - Retailers are actively exploring new technologies, including body cameras, to enhance safety and security [7] - The use of body cameras in retail is still a relatively new technology, and companies are experimenting to determine its effectiveness [7]
Is Walmart Stock Going to $115? 1 Wall Street Analyst Thinks So.
The Motley Fool· 2024-12-17 13:49
In a case of a giant company getting even more massive, Walmart (WMT 0.66%) has been on quite a tear lately -- both in terms of its fundamentals and its share price. The latter has improved by more than 85% this year, trouncing the 28% growth of the S&P 500 index.Some market-watchers think there's still room for the high-profile retailer to run. One analyst tracking Walmart stock recently boosted his price target by a beefy 34%. What's behind this latest burst of optimism and, more importantly, is it justif ...
Walmart Joins Forces With Meituan to Bolster Chinese eCommerce Unit
PYMNTS.com· 2024-12-17 13:21
Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country.The partnership will see Meituan provide delivery service for Walmart products and begin featuring the retail giant on its popular app, Reuters reported Tuesday (Dec. 17), citing a WeChat post by Walmart’s China unit.That post added that the collaboration will help Walmart bolster its eCommerce service in China, which makes up close to half its sales in that country.The Reuters report notes that Meituan is China’s larg ...