Walmart(WMT)
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Walmart Changed Its Strategy, and It's Working. Here's Why the Stock Could Keep Climbing.
The Motley Fool· 2024-11-28 10:10
The name Walmart (WMT 0.62%) doesn't usually conjure up images of upscale shopping, but the discount supermarket giant, which happens to be the largest company in the U.S. by sales, has recently switched tracks to appeal to precisely this demographic.I don't think Walmart is going to pivot away from its discount roots, but it's successfully embracing a broader swath of shoppers, and that could lead to significant growth in the next few years. Here's what's going on and why Walmart is winning.What's going on ...
Walmart-Backed Symbotic Stock Plunges on Accounting Errors
Investopedia· 2024-11-27 19:45
Key TakeawaysSymbotic, the Walmart-backed artificial intelligence (AI) warehouse technology company, warned Wednesday about accounting errors.Symbotic said it was delaying its annual report and revising its current-quarter outlook because of the accounting mistakes.Symbotic shares plunged after the news Wednesday, losing nearly 40% of their value in intraday trading. Shares of Symbotic (SYM) cratered Wednesday after the artificial intelligence (AI)-driven warehouse technology company announced it was delayi ...
Walmart Stock Analysis: Buy, Hold, or Sell?
The Motley Fool· 2024-11-27 15:18
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walmart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Why Is Dividend King Stock Walmart Hitting an All-Time High While Target Plummets to a 52-Week Low?
The Motley Fool· 2024-11-27 12:30
With Walmart firing on all cylinders, Target can only blame macroeconomic challenges so much.Walmart (WMT 2.02%) and Target (TGT -3.05%) are two well-known big-box retailers competing in various product categories. Many Walmart and Target stores feature grocery sections and a mix of staples and discretionary goods.However, these two companies also have their share of differences, and so do their stock prices. Walmart just hit an all-time high and is up a mind-numbing 72% year to date, while Target is near a ...
Walmart Is Up 72% in 2024, but Is the Dow Dividend Stock a Buy at an All-Time High?
The Motley Fool· 2024-11-27 09:30
Earlier this month, Nvidia was added to the Dow Jones Industrial Average. It has nearly tripled in value this year -- making it by far the best-performing Dow component in 2024. But when it comes to Dow stocks that have been in the index for longer than just a few weeks, Walmart (WMT 2.02%) takes first prize as the best performer year to date, with a whopping 72.1% gain compared to just a 17.5% gain for the index.Here's what's behind Walmart's breakout year and if the dividend stock is worth buying at its a ...
2 Stocks Set to Benefit from a Busy Holiday Season: WMT, AMZN
ZACKS· 2024-11-26 23:41
The holiday season is rapidly approaching, with many consumers ready to get out there and shop. And several companies, including Amazon (AMZN) and Walmart (WMT) , could see a nice boost from the period thanks to their robust digital offerings.Let’s take a closer look at each.Amazon Gets Bullish on Holiday Season Concerning headline figures in Amazon’s latest quarterly release, the company exceeded both consensus EPS and sales expectations handily. EPS grew 70% year-over-year, whereas sales of $60 billion re ...
Walmart Stock Reaches 52-Week High: Time to Capitalize or Wait?
ZACKS· 2024-11-26 16:51
Walmart Inc. (WMT) continues to tread the growth path, with its shares reaching a 52-week high of $90.95 on Monday, before closing the trading session slightly lower at $89.50. The omnichannel retailer has gained 6.4% in just a week, driven by its stellar third-quarter fiscal 2025 results released on Nov. 19, 2024.The retail giant outperformed expectations in the quarter, delivering robust year-over-year growth in both revenues and earnings while surpassing the Zacks Consensus Estimate on both metrics. Addi ...
With Walmart Upbeat About the Holiday Shopping Season, Is Now the Time to Buy the Stock?
The Motley Fool· 2024-11-26 13:00
Even as consumers have experienced some continued stress from the prior period of high inflation, Walmart (WMT -1.04%) continues to be one of the biggest winners in the retail space. The retail giant posted another strong quarter of sales and took a positive view on the upcoming holiday season.The stock is now up more than 60% year to date, as of this writing. The question for investors is, can the momentum in the stock continue? Let's take a closer look at its most recent results and guidance to help find ...
Walmart follows other companies in scaling back diversity policies
Proactiveinvestors NA· 2024-11-26 12:25
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website
CNBC· 2024-11-26 02:57
Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities.The nation's largest employer, which has about 1.6 million U.S. workers, joined a growing list of companies that have stepped back from diversity, equity and inclusion efforts after feeling the heat from conservative activists. Some have also attributed changes to the U.S. Supreme Court's decision last year t ...