Walmart Stock Reaches 52-Week High: Time to Capitalize or Wait?
Walmart(WMT) ZACKS·2024-11-27 00:51
Walmart Inc. (WMT) continues to tread the growth path, with its shares reaching a 52-week high of $90.95 on Monday, before closing the trading session slightly lower at $89.50. The omnichannel retailer has gained 6.4% in just a week, driven by its stellar third-quarter fiscal 2025 results released on Nov. 19, 2024.The retail giant outperformed expectations in the quarter, delivering robust year-over-year growth in both revenues and earnings while surpassing the Zacks Consensus Estimate on both metrics. Addi ...