My Top 2 Megacap Stocks to Buy After Walmart's Latest Pullback

Last year, Walmart (WMT +0.82%) announced that it was switching to the Nasdaq exchange because it aligned better with Nasdaqʻs "technology-forward" approach. Thereʻs certainly a case to be made there, but Walmart also has something else in common with many tech stocks -- a high valuation. The consumer staple megacap is trading at 43 times earnings and 40 times forward earnings. Recently, analysts at Erste Group downgraded Walmart stock to a hold based on its high valuation. Investors have followed suit, as ...