Walmart Inc., WMT operates a vast network of hypermarkets, discount department stores, and grocery outlets. Established in 1962 by Sam Walton in Rogers, Arkansas, it has grown to become a staple in the global retail sector.
Walmart serves millions of customers daily, offering a broad spectrum of products ranging from groceries and household essentials to electronics and apparel. The company is also a significant player in the e-commerce space, competing with other giants through its online platform.
Walmart’s key services include financial services, pharmacy services, and a robust online shopping experience. Notably, Walmart’s stock is currently experiencing a bullish momentum, positioning itself in the buy zone. It finds substantial support at the Fibonacci .236 support zone, indicating a strong base where investors might see potential for growth and a stable investment opportunity.
