Global retail e-commerce sales are estimated to hit $6 trillion in 2024, with expectations to rise to nearly $8 trillion by 2028. U.S. retailers like Amazon and Walmart lead the pack in both in-store and online shopping. Walmart recently crossed the $1 trillion market capitalization mark, with e-commerce sales growing over 27%. The stock is up about 28% over the past 52 weeks, with a forward P/E ratio of about 42x. Analysts are bullish on Walmart, with a consensus “Strong Buy” rating and a mean price target of $124.22. Investors should expect steady growth but be mindful of the stock’s premium valuation.

Read more at Barchart: This Blue-Chip Dividend Stock Is Now Part of the Trillion-Dollar Club. Is It Still a Buy Here?