Is Walmart a blue-chip stock? (2024)

Is Walmart a blue-chip stock?

What do IBM, Walmart, JPMorgan Chase, and DuPont have in common? Although they are in different sectors, they are all known as blue chip companies. Blue chip companies are the mature firms that represent the stalwarts of an industry.

Is Walmart a good long term investment?

Stability and Brand Name. With Walmart, it is pretty well-known what an investor is going to get from an operational perspective. Walmart remains a stable company that should be viewed as a long-term blue-chip investment. Roughly 75% of Walmart's store management began their careers as hourly employees with the company ...

What is considered a blue-chip stock?

A blue chip stock is stock issued by a large, well-established, financially-sound company with an excellent reputation. Normally, such companies have operated for many years, have dependable earnings, and usually pay dividends to investors. A blue chip company typically has a market capitalization in the billions.

What is an example of a blue-chip company?

Common examples of blue chip stocks are market leaders like IBM, Coca-Cola, and McDonald's.

Is Walmart a good stock to buy right now?

Walmart stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 94 buy ratings, 6 hold ratings, and 0 sell ratings.

What type of stock is Walmart?

Walmart first offered common stock to the public in 1970 and began trading on the New York Stock Exchange (NYSE: WMT) on August 25, 1972. We have provided an annual cash dividend, paid quarterly, to shareholders since first declaring a dividend in 1974.

Is Walmart a stable stock?

As an anchor of the consumer staples sector, Walmart sees comparatively stable demand through the business cycle. Walmart is also indisputably one of the best dividend stocks for dependable dividend growth.

Is Walmart financially healthy?

Derivation Summary. Walmart's 'AA' Long-Term IDR reflects its dominant global retail market share position, with $611 billion of revenue in 2022, positive comps, substantial cash flow, and consistent financial strategy, which has resulted in stable EBITDAR leverage around 2x.

Where will Walmart stock be in 5 years?

Walmart stock price stood at $170.30

According to the latest long-term forecast, Walmart price will hit $200 by the middle of 2026 and then $250 by the middle of 2028. Walmart will rise to $300 within the year of 2030 and $350 in 2033.

How risky are blue-chip stocks?

Are blue-chip stocks high risk? Blue-chip stocks are not high risk, so they're popular among investors with lower risk tolerance. While blue-chip stocks aren't bulletproof, their history of resisting market downturns makes them an appealing choice for many investors.

What is the safest stock ever?

Is it safe to invest in bluechip?

Investing in Blue Chip Stocks or Funds is generally considered safer than many other investment options due to the stability of these established companies. However, no investment is entirely risk-free, and it's essential to assess your risk tolerance and diversify your portfolio to manage risk effectively.

What is the safest stock in 2023?

(NASDAQ:PEP) has consistently ranked among the likes of Costco Wholesale Corporation (NASDAQ:COST), Walmart Inc. (NYSE:WMT), and Berkshire Hathaway Inc. (NYSE:BRK-B) as one of the best safe stocks for long term investors. Click here to continue reading and check out 5 Safe Stocks To Invest In For The Long-Term in 2023.

What are the best stocks to invest in 2023?

What are the best US stocks to buy now?

What do experts say about Walmart stock?

Walmart Inc (NYSE:WMT)

The 37 analysts offering 12-month price forecasts for Walmart Inc have a median target of 180.00, with a high estimate of 210.00 and a low estimate of 161.00. The median estimate represents a +9.56% increase from the last price of 164.29.

What do analysts say about Walmart stock?

Why is it a good idea to invest in Walmart?

WMT also boasts an average earnings surprise of 11.6%. Earnings for Walmart are forecasted to see growth of 2.1% for the current fiscal year as well. Since stock prices respond to earnings estimate revisions, it can be very profitable to buy stocks with an increased earnings outlook.

Who owns most of Walmart stock?

Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.

What will Walmart stock be in 10 years?

In 2030, the Walmart stock will reach $ 272.17 if it maintains its current 10-year average growth rate. If this Walmart stock prediction for 2030 materializes, WMT stock willgrow 60.78% from its current price.

What company owns Walmart?

Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations.

How safe is Walmart stock?

Walmart is a safe stock that has a long track record of raising its dividend, but investors should understand that that's what they're paying up for. For the right kind of investor, Walmart is a smart buy. It's a well-managed, dividend-paying recession-proof business.

How risky is Walmart stock?

Walmart has a volatility of 1.31 and is 1.98 times more volatile than NYSE Composite. 11 of all equities and portfolios are less risky than Walmart. Compared to the overall equity markets, volatility of historical daily returns of Walmart is lower than 11 () of all global equities and portfolios over the last 90 days.

What's the highest Walmart stock has been?

Historical daily share price chart and data for Walmart since 1972 adjusted for splits and dividends. The latest closing stock price for Walmart as of February 09, 2024 is 169.28. The all-time high Walmart stock closing price was 169.81 on February 06, 2024.

Is Walmart in debt?

How Much Debt Does Walmart Carry? You can click the graphic below for the historical numbers, but it shows that as of October 2023 Walmart had US$51.3b of debt, an increase on US$48.8b, over one year. On the flip side, it has US$12.2b in cash leading to net debt of about US$39.2b.