Walmart Stock Hits All-Time High Ahead of Black Friday Season
Walmart shares surged to a record high this week as the retail giant gears up for the Black Friday shopping frenzy. Trading at $109.58 on Nov. 26, WMT stock reflects robust investor confidence following strong Q3 earnings and optimistic holiday sales projections.
The National Retail Federation anticipates 187 million shoppers during the Black Friday-Cyber Monday period, with average seasonal spending reaching $890 per consumer. This momentum could translate into significant revenue growth for Walmart, reinforcing its position as a top-tier dividend stock with sustained long-term growth potential.