Walmart, the largest company in the world by sales, continues to grow steadily. It has a strong e-commerce presence and an advantage in its extensive store distribution system. It competes with Amazon and others in providing consumer essentials through its physical and online platforms.

Walmart is a Dividend King, with 10,700 stores globally and 90% of the US population living within 10 miles of a store. Revenue increased 6% year-over-year, driven by a 27% rise in e-commerce sales. The company recently announced CEO Doug McMillon’s retirement and the appointment of John Furner as his successor.

Walmart’s stock performance has been robust, up 24% this year. Its dividend yield is 0.8%, but the company has raised its dividend for 52 years. Investors value Walmart’s stability and growth potential, especially in a challenging economy. Walmart recently announced its move from the NYSE to the Nasdaq to focus on digital initiatives.

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Read more at Nasdaq: Read This Before Buying Walmart Stock