Is Walmart Stock a Good Investment?

By Parkev Tatevosian, CFA – May 21, 2024 at 11:01AM

NYSE: WMT

Walmart

Market Cap

$530B

Today's Change

(-0.60%) -$0.40

Current Price

$65.36

Price as of June 3, 2024, 11:11 a.m. ET

Shoppers are looking to Walmart to get more bang for their buck as inflation encroaches on people's purchasing power.

Fool.com contributor Parkev Tatevosian considers whether Walmart (WMT -0.60%) makes an excellent addition to investor portfolios.

*Stock prices used were the afternoon prices of May 18, 2024. The video was published on May 20, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walmart. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.