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Darren Sinden posted an update
4 months agoBack in December 2024 I wrote this article for the Good Money Guide, which looked the potential for AI to change the fortunes of Walmart WMT US .
Walmart is still in transition, but has hit a $1.0 trillion market cap today, trading as high as $125.99.
When I wrote this piece the company’s market cap was 670 billion that means the value of Walmart has risen by just over +49.0% in 14 months or so . More than vindicating my original comments and my observations about Consumer Staples earlier today.
Looking at Walmart’s chart I see no reason why they cant continue to grow in similar vein
1 CommentReacted by Richard Berry-
Richard Berryreplied 4 months ago
I remember that one! goes to show that AI is having an impact on everything: https://goodmoneyguide.com/analysis/can-a-transition-towards-an-ai-future-boost-walmarts-stock-price/
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