Six companies will join the Nasdaq-100 later this month — but not Walmart, which switched its listing away from the New York Stock Exchange too late to qualify for a spot in the tech-heavy index.
Walmart is rated a strong sell due to extreme overvaluation versus slow expected growth rates and cheaper peer metrics. WMT trades at historically high multiples—particularly its P/E of 40x—eclipsing peers like Target, Costco, and Amazon. Earnings and free cash flow yields lag well below risk-free money market rates, with rather slight company growth projections around 10% annually.
AI could drive $263 billion in global holiday sales this year, representing 21% of all holiday orders, Salesforce predicts. Companies like Walmart and Target are overhauling their AI strategies to ensure they're meeting consumers where they're shopping.
When one thinks of retail competition, the battle between eCommerce and brick-and-mortar is typically what leaps to mind. Traditionally, Amazon has been the eCommerce landscape's leading representative, and Walmart the flag bearer for traditional physical shopping.
WMT's 2025 rally, fueled by e-commerce strength and higher-margin growth, sets the stage for a balanced but watchful outlook heading into 2026.
There's something different about Walmart Inc. NASDAQ: WMT this holiday season, and it has nothing to do with the health of the consumer. On Dec. 9, the company began publicly trading on the NASDAQ exchange.
Walmart has maintained its stance on avoiding NFC-based payments, such as Apple Pay and Google Pay. Other major retailers have increasingly accepted the tech as the norm.
“She owns two houses and lives with a disabled son.”
Construction company Alquist will 3D print more than a dozen new Walmart buildings, as well as buildings for other commercial retailers. It is arguably the largest-scale commercial real estate deployment of this technology, which has mostly been used in residential construction so far.
It's a historic day for both Walmart and the Nasdaq. Today, America's largest brick-and-mortar retailer begins trading on the Nasdaq after its shares spent over half a century on the New York Stock Exchange (NYSE).
WMT's International unit posts strong Q3 gains as digital growth, advertising momentum and faster fulfillment lift its performance.
Walmart CEO Doug McMillon joins 'Squawk Box' to discuss the move of the company stock to Nasdaq, why he's stepping down as CEO, impact of AI on retail, state of the consumer, and more.