Investing $10,000 in Walmart stock 10 years ago would yield $29,500 today.
From Yahoo Finance: 2024-06-26 10:45:00
If you had invested $10,000 in Walmart stock 10 years ago, you would have around $29,500 today, or $32,800 if dividends were reinvested. This lags behind the S&P 500’s performance over the same period. Walmart’s growth has slowed due to its immense size, with a market value of $542 billion and being the largest U.S. employer with nearly 1.6 million domestic employees. While Walmart is still growing, it may not be a bargain investment right now, with a forward P/E ratio of 28. Consider other opportunities or an S&P 500 index fund for potentially better returns.
Read more at Yahoo Finance: If You’d Invested $10,000 in Walmart Stock 10 Years Ago, Here’s How Much You’d Have Today