From Nasdaq:

On February 26, the Dow Jones Industrial Average underwent its second major shakeup in five years, with Amazon (NASDAQ: AMZN) replacing Walgreens Boots Alliance after Walmart’s 3-for-1 stock split. Amazon’s entry adds e-commerce and cloud infrastructure, following its stock split in 2022. However, despite its solid business and market leader position in AWS, Amazon’s growth has slowed and its high valuation of 42 times forward P/E ratio raises concerns. On the other hand, Walmart’s stable performance, improving margins, and recent dividend increase make it a promising investment. Yet, with a P/E ratio over 30 and low yield, Walmart may not be the best value play at the moment. Both Amazon and Walmart remain great companies but may not be the best stocks to buy now.



Read more at Nasdaq: Amazon and Walmart Are Shaking Up the Dow, But Is Either Stock a Buy Now?