How to buy Walmart (WMT) stock

Use our step-by-step guide to learn how to buy WMT stock and compare the best Walmart trading platforms.
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Updated: Jul 6, 2023
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A big part of learning how to buy Walmart stocks is finding the best place to make your investment. Walmart stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Walmart when following our step by step guide.

Where to buy Walmart stock?

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The best stock trading platform to use to buy Walmart stock is eToro .

Based on our research, we’ve ranked the top three brokers where you can buy Walmart shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

77% of retail CFD accounts lose money.

Read more about how we test, rank & review platforms.

How to buy stock in Walmart in 3 simple steps

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Buying Walmart stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.

Step 1. Sign up to eToro

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eToro is the best stock trading platform for beginners. Fill in your details to set up a brokerage account and attach a copy of your ID to verify it.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

77% of retail CFD accounts lose money.

Step 2. Make a deposit

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Transfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.

Step 3. Buy Walmart shares

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Search for Walmart using the ticker, WMT. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Walmart and complete your purchase.

It’s as easy as that! You can buy Walmart shares in just 10-15 minutes and now you’re a Walmart shareholder.

Compare the best platforms to buy Walmart stock

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1. eToro. Best for beginners, copy-trading & demo-account

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2900

No. assets

$10

Minimum deposit

Stocks

Platform type

Pros & Cons

Great for beginners, simple to set up and get started Zero commission stock trading Popular ‘CopyTrader’ function lets you follow top traders Excellent customer service, with live chat support provided Over 2,000 CFDs available to trade
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.

77% of retail CFD accounts lose money.

Fundamental analysis of Walmart shares

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What is Walmart’s total worth?

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Walmart’s total net worth is $397.374 billion. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.

How has Walmart’s share price performed in recent years?

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The current Walmart stock price today is $147.34, which is 8.23% below its all time high of $160.77, which it reached on 21 April, 2022. 

Overall, WMT is up 47.21% over the last five years. The WMT share price is up 3.65% in 2023 with a 52 week high of $160.77 and a 52 week low of $117.27.

What is Walmart’s EPS?

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Walmart’s EPS is $3.25. EPS stands for earnings per share and is calculated by dividing Walmart’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.

What is the Walmart P/E ratio?

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Walmart’s P/E ratio is 45.34. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Walmart’s earnings. 

It is calculated by dividing the share price by the earnings per share. You can use Walmart’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.

What is Walmart’s dividend yield?

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Walmart’s dividend yield is 1.53%. The dividend yield tells you how much of Walmart’s share price it gives back to shareholders in dividend payments every year.

Is Walmart stock a buy or sell?

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The indicator below shows you live technical ratings for Walmart stock on time frames from one minute to one month. 

It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum.

This indicator should be used when you research Walmart to help you decide whether to buy Walmart shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.

Is Walmart a good investment for me? 

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The right answer is different for each person, so here is some information to help you decide whether to buy stocks in Walmart.

  • It’s the largest company in the world by revenue. Thanks to running more than 11,000 stores in 26 countries, it’s the largest company in the world by revenue. Its annual revenue topped $600 billion in 2022, compared to the $500 billion Amazon generated. 
  • Walmart is a dividend king. A public company since 1972, Walmart was already the largest retailer in the US by 1990 and has continued to expand ever since. It’s paid a dividend for 48 straight years – every year it’s been public for those keeping count – increasing it every time.
  • WMT is a defensive stock and is considered recession-proof. Supermarket stocks like Walmart are defensive investments and low-risk options. They might not see huge growth but people always need to buy food, even when the economy isn’t doing well. Walmart’s size and scope make it even more reliable, as its position as a market leader is secure.
  • Amazon is its strongest competitor. The rise of Amazon, whose impact has been felt across the retail sector, may concern WMT holders. Walmart stores have traditionally been the go-to place for everyday essentials, particularly in the US. However, that has come under threat as more people have used a couple of clicks and next-day delivery to get what they need instead.
  • Walmart is going through a mini-transformation. It’s sold off most of its stake in Asda in the UK and Seiyu in Japan in favour of spending more on the US, China, and India. The e-commerce arm has been reorganised to fight back against the power of Amazon and it’s even delving into the world of online banking. 

It’s always a good idea to think about any potential risks there might be as well. Use this summary of Walmart’s pros and cons before you make a final decision on whether to buy Walmart stock.

Pros

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  • It’s the largest company in the world by revenue
  • Walmart is the biggest retailer in the USA
  • WMT is a dividend king
  • It’s a defensive stock – people always need food

Cons

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Are there other ways to buy shares in Walmart?

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Yes, you can invest in Walmart stock in a few different ways. One option is to buy stock in Walmart directly through an investment platform as laid out above, while another popular choice is to invest in a fund. 

Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a NYSE index fund to get exposure to Walmart, or choose a blue chip ETF.

Another option is to use a social copy trading platform, like eToro . Find a trader who you like and copy their Walmart trades directly to your own account. 

This can be a good investment strategy for beginners and a way to learn how to buy Walmart shares from someone with more experience.

What are the fees for investing in Walmart stock?

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It depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Walmart stocks.

Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more. 

These are the trading platforms that charge the lowest fees for buying stocks in Walmart.

Trading platformTrading fees
eToro $0
Skilling $0
Capital.com $0
Degiro $0 (US) / £1.75 (UK)
AvaTrade 0.13% commission

How to sell Walmart stock

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When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio. 

From there, find your Walmart stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.

Should I buy Walmart stock now?

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It’s your investing goals and style that define whether now is a good time to buy. The current Walmart stock price plays into it but ultimately it depends on your investment horizons.

  • If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Walmart based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy WMT.
  • If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Walmart’s fundamentals are solid then the best time to invest in Walmart stock is after a dip or a pullback in price.

Most new traders sit somewhere between these two positions. You don’t want to actively trade Walmart stock all hours of the day but you don’t want to wait years for a return either.

Either way, following WMT price news and analysis will help you decide when to dip your toe into the market.

Latest Walmart news

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Walmart Inc (NYSE: WMT) had a strong second quarter as it continued to gain share in groceries resulting in strong food sales. Walmart’s guidance for the future Shares of the retail behemoth opened slightly up today on guidance that was roughly in line with expectations as well. Walmart now se
Walmart Inc (NYSE: WMT) has rallied about 10% in less than three months but a Credit Suisse analyst is convinced it still has significant room to the upside. Walmart stock has upside to $180 Karen Short reiterated her outperform rating on the big box retailer today and raised her price target to $18
Walmart Inc (NYSE: WMT) is spending another $1.4 billion to expand its footprint in India, as per a WSJ report on Monday. Walmart raises its stake in Flipkart The retail behemoth invested $16 billion in 2018 to notch up a 77% stake in Flipkart. Now it’s putting in another $1.4 billion to acqui
The retail industry is a dynamic and ever-evolving sector that plays a crucial role in the global economy. Investors seeking to make informed decisions in this space can benefit from understanding key statistics that shed light on market trends, consumer behaviour, and the performance of retail comp
Walmart Inc (NYSE: WMT) opened in the green this morning after reporting better-than-expected results for its fiscal first quarter. Walmart stock up on raised outlook Shares are up also because the big box retailer raised its guidance for the full year. Walmart now forecasts $6.10 a share to $6.20 a
Walmart Inc (NYSE: WMT) still trading near the same price at which it started the year is an opportunity to build a position in a high-quality retail stock, says Greg Melich of Evercore ISI. Walmart shares to benefit from normalising inventory Melich upgraded the chain of hypermarkets to “outp

FAQs

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a... read more.