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 rise
26 Analyst Rating
25 Buy
1 Hold
0 Sell
Strong Buy
Current: 123.490
Low
119.00
Averages
125.75
High
136.00
Current: 123.490
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.
- IPO Initiative: Flipkart plans to invite global and domestic investment banks to pitch for IPO roles as early as April, following months of informal discussions, indicating a clear intent to go public that is likely to attract significant investor interest.
- Domicile Shift Approval: The company has received government approval to shift its official domicile from Singapore to India, a move that not only enhances its local presence but may also create a more favorable regulatory environment for its upcoming IPO.
- Valuation Surge: Since Walmart acquired a 77% stake in Flipkart for approximately $16 billion in 2018, the company's valuation has risen from nearly $21 billion to about $35 billion, reflecting its robust growth potential in the Indian e-commerce market.
- Competitive Landscape: In a fiercely competitive environment with rivals like Amazon India and Myntra, Flipkart has solidified its position as India's leading e-commerce platform through a diversified product range and a strong logistics network, with the upcoming IPO expected to further enhance its market competitiveness.
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- Sales Schedule Shift: Amazon is moving its 2026 Prime Day to June, which will affect its financial reporting by bringing sales into Q2 instead of the usual Q3, potentially leading to a decline in quarterly performance and impacting investor confidence.
- Rival Responses: Competitors like Walmart and Target are set to launch their own promotional events to attract consumers, with Walmart's Deals event in 2025 achieving a 24% sales growth, demonstrating strong market competitiveness against Amazon.
- Consumer Confidence Fluctuations: According to McKinsey, U.S. consumer spending confidence remained flat in early 2026, with a February confidence score of 55.1, indicating a slight improvement in willingness to spend on discretionary items, yet still influenced by job market conditions and inflation concerns.
- Retail Market Outlook: While Amazon's stock has declined by 7.5% this year, Walmart and Target have seen their shares rise by over 11% and 15% respectively, reflecting differing market confidence levels that could impact Amazon's market share.
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- Coca-Cola's Stability: As a 'Dividend King', Coca-Cola has raised its dividend for 63 consecutive years, and while its current yield is 2.6%, its strong market performance and ownership of 32 billion-dollar brands ensure resilience during economic fluctuations, continuously creating value for shareholders.
- Realty Income's Diversification: Realty Income, with 15,500 properties globally and a high occupancy rate of 98.9%, demonstrates resilience under market pressure, recently branching into new industries like gaming and industrials, which enhances its long-term growth potential.
- Walmart's E-commerce Growth: As the largest physical retailer, Walmart's stock has surged 183% over the past five years, with e-commerce sales increasing by 24% year-over-year in the fourth quarter of fiscal 2026, showcasing its strong competitive position in the retail market.
- Investment Value of Dividend Stocks: Dividend stocks like Coca-Cola, Realty Income, and Walmart are seen as cornerstones of a diversified portfolio, providing stable passive income, especially during market turbulence, attracting significant investor interest.
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- Coca-Cola's Stability: As a Dividend King, Coca-Cola has raised its dividend for 63 consecutive years, currently yielding 2.6%, demonstrating its resilience and ability to grow even amidst market volatility.
- Realty Income's Resilience: Realty Income, with 15,500 properties globally and a high occupancy rate of 98.9%, showcases its stability under real estate market pressures, offering a reliable passive income with a 5% dividend yield.
- Walmart's Growth Potential: As the largest physical retailer, Walmart's stock has surged 183% over the past five years, with e-commerce growing 24% year-over-year, indicating strong performance and future growth prospects in the retail sector.
- Diversification Strategy: Realty Income is diversifying into new industries like gaming and industrials, enhancing its long-term growth opportunities, while Coca-Cola continues to drive sales growth through strategic acquisitions of new brands, showcasing strong market adaptability.
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- Coca-Cola's Stability: As a Dividend King, Coca-Cola has raised its dividend for 63 consecutive years, and while its current yield is 2.6%, its strong market performance and ownership of 32 billion-dollar brands provide significant resilience during economic fluctuations.
- Realty Income's Resilience: Realty Income boasts 15,500 properties globally with a high occupancy rate of 98.9%, demonstrating stability under real estate market pressure, while its 5% dividend yield and diversification strategy ensure long-term growth potential.
- Walmart's Growth Potential: As the largest physical retailer, Walmart's stock has surged 183% over the past five years, outperforming Amazon and the S&P 500, with e-commerce growth of 24% year-over-year and a rapidly expanding membership program driving future growth.
- Reliability of Dividend Kings: Walmart has raised its dividend for 53 years, and despite a low yield of 0.8% currently, its stable performance and strong market position make it a reliable source of passive income for investors.
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- Walmart's Market Advantage: With 90% of Americans living within 10 miles of a Walmart or Sam's Club, the company demonstrates strong market coverage, while also modernizing its e-commerce and supply chain to further solidify its competitive edge.
- Stable Dividend Growth: As a Dividend King, Walmart has increased its dividend annually since 1974, with this year's payout reaching $0.99 per share, reflecting its robust financial foundation and long-term investment appeal.
- P&G's Brand Leadership: Procter & Gamble boasts a wide array of leading brands and has been a Dividend King for nearly 70 years, currently offering an annual dividend of $4.23 per share with a yield of 2.72%, showcasing its stable income stream.
- Market Challenges and Opportunities: Despite Procter & Gamble's stock declining over 11% in the past 12 months, its 1% sales growth and strong brand presence provide long-term investors with a better entry point into this resilient company.
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