Pre-Market Most Active for Nov 19, 2024 : SMCI, TSLL, NVDA, TSLA, TSLZ, BKKT, WMT, NIO, PLTR, TQQQ, XPEV, IONQ
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2024
0mins
Should l Buy WMT?
Source: NASDAQ.COM
NASDAQ 100 Pre-Market Performance: The NASDAQ 100 is down by 105.14 points, with a total pre-market volume of nearly 99 million shares traded, highlighting significant market activity.
Active Stocks Overview: Notable active stocks include Super Micro Computer (+5.639), NVIDIA (+1.6), and Walmart (+2.72), while Tesla (-1.5) and Palantir (-1.26) show declines; several companies have revised their earnings forecasts positively for upcoming quarters.
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Analyst Views on WMT
Wall Street analysts forecast WMT stock price to fall
26 Analyst Rating
25 Buy
1 Hold
0 Sell
Strong Buy
Current: 130.330
Low
119.00
Averages
125.75
High
136.00
Current: 130.330
Low
119.00
Averages
125.75
High
136.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Walmart's Financial Performance: In fiscal year 2026, Walmart achieved a 4.7% increase in overall revenue, totaling $713 billion, with its global advertising business growing by 46% to $6.4 billion, demonstrating strong growth potential even during economic downturns.
- Costco's Membership Model: Costco boasts a renewal rate exceeding 90% among its members, with digital sales growing 22.6% in the most recent quarter, providing a solid foundation for continued growth, alongside plans to open 28 new locations this year.
- PepsiCo's Strategic Adjustments: PepsiCo has lowered prices on many products by up to 15% under pressure from activist investors, while maintaining a dividend yield of 3.61%, reflecting its commitment to regaining customer loyalty in a competitive market.
- Constellation Brands' Potential: Despite facing challenges, Constellation Brands generated $1.8 billion in free cash flow in fiscal year 2026 and repurchased about $1 billion in shares, indicating growth potential in the premium beer sector, which has attracted the attention of renowned investor Warren Buffett.
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- Walmart's Financial Performance: In fiscal year 2026, Walmart reported a 4.7% increase in overall revenue to $713 billion, demonstrating resilience and growth potential amid economic uncertainty, particularly highlighted by a 46% surge in its global advertising business to $6.4 billion.
- Dividend Growth: Walmart raised its quarterly dividend to $0.2475 per share, equating to an annual dividend of $0.99, marking the 53rd consecutive year of increases, which reflects strong cash flow and commitment to shareholders, thereby boosting investor confidence.
- PepsiCo's Market Strategy: PepsiCo has lowered prices on many products by up to 15% in fiscal year 2026 to attract customers, a risky move that appears to be paying off as indicated by positive results in its latest quarterly earnings, showcasing its adaptability in a competitive market.
- Constellation Brands Investment Dynamics: Warren Buffett increased Berkshire Hathaway's stake in Constellation Brands before retiring, highlighting the company's growth potential in the premium beer sector despite challenges, with its stock being reasonably priced and poised for future growth.
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- Walmart's Price Advantage: With over 10,000 retail units globally, Walmart attracts consumers by offering low prices and convenience, positioning itself to generate hundreds of billions in annual sales, thereby reinforcing its market leadership.
- Coca-Cola's Sales Growth: Coca-Cola posted organic sales growth of 4% to 5% in Q1, with a 13% increase in Coca-Cola Zero Sugar volume, demonstrating the company's success in meeting consumer demands and diversifying its product offerings despite challenges from price hikes.
- Procter & Gamble's Strong Performance: Procter & Gamble achieved a 7% organic sales growth in its beauty segment for Q3 2026, significantly exceeding analyst expectations of 2.5%, indicating the company's capability to navigate high costs and tariffs, although future margin sustainability remains a concern.
- Stable Dividend Growth: Walmart, Coca-Cola, and Procter & Gamble have consistently increased their dividends over decades, with Walmart and Coca-Cola at 53 and 64 years respectively, while Procter & Gamble leads with 69 years, reflecting their ability to maintain stable cash flows and shareholder returns amid economic fluctuations.
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- Sales Model Differences: Walmart's strategy focuses on selling a wide range of products at the lowest prices, reporting $190.7 billion in revenue for the latest quarter, while Costco's more selective model generated $68.2 billion, highlighting Walmart's advantage in market reach and customer demographics.
- Membership Growth and Revenue: Costco boasts 147.2 million cardholders, with 83.1 million paid memberships contributing 2% of total revenue, yet Walmart's faster growth in e-commerce and high-margin sectors indicates a stronger market potential.
- Dividend Stability: Walmart offers a quarterly dividend of $0.2475 and has increased its dividend for 53 consecutive years, earning the title of 'Dividend King', while Costco's dividend has grown 86% over the past five years, but Walmart's stability is more appealing to conservative investors.
- Valuation and Market Performance: As of April 29, Walmart's P/E ratio stands at 45.1, making it more attractive than Costco's 49.4, and with a 33% stock price increase over the past 12 months, Walmart shows stronger market momentum, suggesting greater long-term growth potential.
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- Membership Revenue Dominance: Costco boasts 147.2 million cardholders, with 83.1 million paid memberships contributing 50% of its operating income, highlighting its reliance on membership fees for profitability.
- Sales Model Differences: Walmart reported $190.7 billion in revenue for the latest quarter compared to Costco's $68.2 billion, with Walmart's omnichannel strategy allowing it to reach a broader customer base, enhancing its competitive edge.
- Dividend Stability: Walmart's quarterly dividend stands at $0.2475, having increased for 53 consecutive years, while Costco's dividend of $1.47, although growing faster, lacks the same level of stability, reflecting differing shareholder return strategies.
- Valuation and Growth Potential: As of April 29, Walmart's P/E ratio is 45.1, more attractive than Costco's 49.4, and Walmart's stock has risen 33% over the past 12 months, indicating stronger market momentum.
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- Revenue Comparison: Amazon recorded $716.9 billion in sales over the past year, surpassing Walmart's $713.2 billion for the first time, highlighting its robust growth potential in the e-commerce sector.
- Digital Advertising Growth: Walmart's digital advertising revenue surged 46% to $6.4 billion last year, indicating its ongoing investment and adaptability in high-tech categories, even as overall retail revenue lags behind Amazon.
- Automation Investment: Walmart's close partnership with Symbotic is driving the adoption of robotics and AI, enhancing operational efficiency and potentially delivering significant returns for long-term shareholders, showcasing its forward-looking strategy in the retail space.
- Stock Performance: Walmart's stock has risen approximately 32% over the past year, with a current P/E ratio of about 45 times, and while the company has a strong track record of cash returns, its high valuation makes investors cautious about future performance.
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