Walmart Stock Analysis: Can WMT Become the Next $1 Trillion Stock?

Anemic job growth, declining wages and dwindling savings are making it difficult for average consumers to survive. Fortunately, they are finding solace at Walmart (NYSE:WMT) stock. Last month the retail king reported first-quarter sales jumped 6% to $161 billion generating $5.1 billion in profits. The combination of everyday low prices and broad selection make it easy for consumers to shop its stores. Walmart stock was even more impressive. Shares are up 28% in 2024 and the company is valued at $541 billion ...