Walmart Just Hit the Nasdaq Exchange. Should You Buy WMT Stock Here?

Core Viewpoint - Walmart has transitioned its common stock and bonds to the Nasdaq, emphasizing its shift towards technology-driven innovation, particularly in artificial intelligence [1] Company Overview - Walmart, headquartered in Bentonville, Arkansas, is one of the largest retailers in the U.S., operating thousands of stores and offering a wide variety of products including groceries, clothing, and electronics [3] - The company focuses on low prices and convenience, serving millions of customers daily [3] Strategic Developments - CEO Doug McMillon has indicated that Walmart is increasingly becoming a tech-focused company, which may have influenced the decision to appoint John Furner, who has experience in Walmart's digital and omnichannel units, as the new leader [2] Financial Performance - Walmart reported strong third-quarter results for fiscal 2026, with revenue increasing by 5.8% year-over-year to $179.50 billion, surpassing Wall Street's expectations of $177.50 billion [7] - The company's stock has performed well, gaining 20.21% over the past 52 weeks, 16.79% over the past six months, and 10.97% over the past month [5] - Walmart's stock reached a 52-week high of $116.27 on December 5 but has since decreased by 2.34% from that peak [5] E-commerce Strategy - Walmart's omnichannel approach integrates online and in-store shopping, featuring a robust website and app that provide services like curbside pickup and home delivery, enhancing customer experience [4]