Walmart Stock: A Millionaire Maker in the Making?
Walmart (NYSE: WMT) stock has made countless millionaires since it was first listed on the stock market in 1970. You didn't need to get in at the initial public offering (IPO) to see market-thumping returns from owning this retailing giant, either. Walmart shares rose over 150% in the five years ending in early March 2025, compared to a 94% gain in the S&P 500.But can this well-known stock still deliver excellent long-term returns from here? Let's look at a few factors that point to big gains ahead for Walmart shareholders, despite its lofty valuation.Walmart's recent operating results illustrate the power of massive scale and the timeless appeal of everyday low prices. The chain announced in late February that fiscal fourth-quarter (ended Jan. 31, 2025) sales in the core U.S. business rose 5% as consumers looked for savings to offset household budget pressures. Those gains easily outpaced rivals such as Target and Kroger. They came from a few big areas, too, including e-commerce growth, price leadership, and an expanding product assortment. "We're gaining market share, our top line is healthy, and we're in great shape with inventory," CEO Doug McMillon said in a press release.Continue reading
Walmart (NYSE: WMT) stock has made countless millionaires since it was first listed on the stock market in 1970. You didn't need to get in at the initial public offering (IPO) to see market-thumping returns from owning this retailing giant, either. Walmart shares rose over 150% in the five years ending in early March 2025, compared to a 94% gain in the S&P 500.
But can this well-known stock still deliver excellent long-term returns from here? Let's look at a few factors that point to big gains ahead for Walmart shareholders, despite its lofty valuation.
Walmart's recent operating results illustrate the power of massive scale and the timeless appeal of everyday low prices. The chain announced in late February that fiscal fourth-quarter (ended Jan. 31, 2025) sales in the core U.S. business rose 5% as consumers looked for savings to offset household budget pressures. Those gains easily outpaced rivals such as Target and Kroger. They came from a few big areas, too, including e-commerce growth, price leadership, and an expanding product assortment. "We're gaining market share, our top line is healthy, and we're in great shape with inventory," CEO Doug McMillon said in a press release.
