Walmart is an American multinational retail corporation that operates a chain of hypermarkets (aka supercenters), discount department stores, and grocery stores in the US. Learn the latest information and analysis on the company, WMT stock price today, history, stock news, how much one share costs and other information to help you make investment decisions. Check Gainy to see insights on stock prices for all public stocks and more.
Walmart has 10,593 stores in 24 countries (as of 1/31/22) that operate under 48 different names. It is the world’s largest company in terms of revenue, $559 billion in the 2021 fiscal year. Walmart also has the highest number of employees—2.2 million.
Stock market turmoil in late 2021 - early 2022 created a lot of uncertainty, and stocks like WMT are a good defensive option to continue to profit. In fact, buying stocks that are guaranteed to do well in the long run during a bear market might be one of the best things to do. Walmart also pays consistent dividends, currently with a 1.6% yield.
The Walmart stock price was barely affected by the 2020 market crash compared to the general market, but it did not produce growth like tech and other companies whose stock price doubled post-pandemic. Which is why stocks like Walmart are called safe havens.
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