This Top Dividend Stock Just Joined Meta, Tesla, Broadcom, and Berkshire Hathaway in the $1 Trillion Club

Core Viewpoint - Walmart has joined the $1 trillion market club, becoming the only Dividend King in this exclusive group, showcasing its strength as a leading retail chain that continues to improve [1][2]. Group 1: Business Model and Growth - Walmart's recent growth is attributed to its expansion into a wider clientele, supported by a strong e-commerce platform, with e-commerce sales increasing by 27% year over year in the third quarter of fiscal 2026 [5]. - The company has a significant advantage over competitors like Amazon due to its extensive store network of 4,700 locations, which serve as distribution hubs, allowing for quick order fulfillment and appealing to customers who prefer store pickup [6]. - Walmart is actively upgrading its merchandise to attract a more affluent customer base, including the launch of upscale health-branded products, which are marketed through its website to reach customers who may not visit physical stores [7]. Group 2: Market Position and Resilience - Walmart's vast presence means that 90% of the U.S. population lives within 10 miles of a store, and with over 10,800 stores globally, the company has significant growth potential in various markets [8]. - The company has demonstrated resilience against economic pressures, particularly in response to tariffs, leveraging its cost-cutting capabilities and strong supplier relationships, which is crucial as it operates in the essentials market [9].