Walmart is the world’s largest bricks and mortar retailer with more than 10,900 stores in 19 countries, plus an expanding e-commerce operation. It employs 2.1 million people, serves about 280 million customers weekly, and had revenue in the latest fiscal year of $713 billion.
In our first issue this year, we chose Walmart as one of our recommended stocks to own in 2026. The stock had been doing very well until late May, at which point it went into a steep dive. It staged a modest recovery in mid-June and another in early August but dropped again after the latest quarterly report.