Walmart Inc. (WMT) is drawing attention after multiple hedge funds labelled it as a promising dividend stock. Many investors are looking to add Walmart stock to their portfolio citing it as one of the best defensive stocks. The tech turmoil was weathered well by Walmart. Also, the company's shares are being considered as one of the best blue-chip to buy under $100. Notably, RMR Capital Management and Allen Capital Group sold portions of their Walmart holdings while Investment firms are continually boosting their positions in Walmart. The company's stock surged about 82% in 2024, and according to UBS Group's forecast, the stock price will continue to rise. Positive sentiments are being echoed by the Wall Street analysts. Despite minor setbacks, Walmart's stock has largely maintained its upward trajectory. Opinions vary on whether Walmart will be the first dividend king to surpass a $1 Trillion Market Cap by 2025. Meanwhile, several investment groups, funds, and veritable companies have either increased or decreased their stock holdings in Walmart.
Walmart Stocks News Analytics from Fri, 25 Oct 2024 07:00:00 GMT to Sat, 01 Feb 2025 19:50:35 GMT -
Rating 7
- Innovation 4
- Rumor 6
