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Walmart now trades at a price-to-earnings ratio of 38.4 and offers a 1% dividend yield. Costco is also richly valued at a P/E of 59 and offers a dividend yield of 0.5%.
In one corner, Walmart (NYSE: WMT) stock is having a banner year, up 54% amid a string of better-than-expected results. On the other side, Dollar General (NYSE: DG) has struggled to manage weak ...
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The U.S. stock and bond markets were closed on Monday for Presidents Day. The S&P 500 ( ^GSPC ) nosedived 2%, falling below the key 4,000 level, while the Dow Jones Industrial Average ( ^DJI ...
On Thursday, Walmart stock reached a record closing high of $162.61 per share. The stock started September near its all-time high but closed slightly off the record price at $161.56 on Friday.
Higher stock prices help their cases too — regardless of if their CEOs are watching their ticker pages on Yahoo Finance. "I'm aware [of the stock price]. I try not to focus on that too much.
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