Walmart is the largest grocery retailer in the US.

This stock is often preferred by investors that seek solid returns alongside stable dividends – not least because Walmart offers products and services that are in demand regardless of how the economy is performing.

In this guide, we explain how to buy Walmart stock from just $10 at 0% commission from an SEC-regulated broker.

How to Buy Walmart Stock – Quick Guide

The step-by-step process of investing in Walmart is very simple when using a beginner-friendly brokerage site like eToro.

When purchasing Walmart stock from this provider, users will not be charged any commission and the minimum trade size is just $10.

For a quick walkthrough of how to buy Walmart stock from eToro – follow the quick guide below:

  • Step 1: Open an eToro Account
    As is the case with all online stock brokers, users will first need to register an account with eToro. After clicking on ‘Join Now’ – fill out the registration form by entering some personal information. Users will also need to enter some contact details and a chosen username.
  • 💳 Step 2: Deposit Funds
    Those based in the US will not pay any deposit fees. Moreover, the minimum deposit is just $10. Supported payment types are inclusive of e-wallets like Paypal, debit/credit cards, ACH, and bank wires. 
  • 🔎 Step 3: Search for Walmart Stock
    Next, type in ‘Walmart’ into the search bar. When Walmart (WMT) appears – click ‘Trade’. 
  • 🛒 Step 4: Buy Walmart Stock
    After clicking on the ‘Trade’ button an order box will appear. In the ‘Amount’ field, users will need to enter the USD amount that they want to invest in Walmart stock. Click ‘Open Trade’ to complete the order.  

For a more detailed walkthrough on how to buy stocks on eToro – read on. 

Step 1: Choose a Stock Broker

When deciding on where to buy Walmart stock, it is best to choose a brokerage site that offers low fees alongside support for small minimum investments.

In addition to this, some investors will look for trading tools such as real-time pricing charts and stock screeners.

Below, we have listed the best trading platforms to consider when learning how to invest in Walmart stock.

1. eToro – Overall Best Place to Buy Walmart Stock

etoro logo

eToro ticks all of the right boxes when it comes to finding the best place to buy Walmart stock. First and foremost, investors of all budgets are catered for on this platform, not least because the minimum deposit requirement for US clients is just $10. Deposits can be funded in a variety of ways.

This is inclusive of Visa, MasterCard, and Maestro, alongside Paypal, Neteller, and Skrill. ACH and domestic bank wires are supported too. In terms of fees, USD deposits and withdrawals are processed without charge at eToro. Moreover, when clients buy Walmart stock here – no trading commissions apply.

eToro also supported fractional investments from just $10. This means that clients can buy just a small fraction of just one Walmart stock – irrespective of how much it is trading for. eToro is also known for its speedy crediting on dividends. This means that when Walmart makes a distribution, users should find their dividends in their eToro account on a next-day basis.

eToro review

eToro not only supports Walmart stock – but thousands of other commission-free equities. This covers stocks listed on the NASDAQ and NYSE, as well as markets in the UK, Germany, Canada, Hong Kong, France, and more. Clients can also invest in a variety of ETFs and index funds – many of which contain Walmart stock.

For those looking to diversify outside of stocks, eToro enables users to buy cryptocurrency with low fees. This is inclusive of other 60 digital currencies – from Bitcoin, Ethereum, and Dogecoin to Shiba Inu, NEO, and Dash. eToro is also known for its Copy Trading tools. This entails choosing a successful eToro user and electing to copy their investments like-for-like.

There are thousands of verified traders to choose from and the minimum investment is an affordable $200. eToro is also favored for its Smart Portfolios – which are professionally managed. From just $500, this gives eToro users the ability to invest in a diversified basket of stocks or cryptocurrencies on a passive basis.

eToro Smart Portfolios

When it comes to user-friendliness, this is where eToro really stands out. Put simply, it takes just minutes to open an account, deposit funds, and subsequently search for and buy Walmart stock. This can be achieved via the eToro website or mobile app. Regarding the latter, this is compatible with iOS and Android devices and is free to download.

eToro also enables users to switch their portfolio over to demo mode. This means that investments can be made in the financial market with paper funds. This is a great way to get used to the eToro platform and the wider stock markets. Another important factor to consider when using eToro is that the broker is heavily regulated.

This includes regulation from the SEC and FINRA, as well as the FCA (UK), CySEC (Cyprus), and ASIC (Australia). eToro is now used by over 25 million clients and the firm is looking to go through the IPO process later in 2022.

Number of Stocks 2,500+
Deposit Fee FREE
Fee to Buy Walmart Commission-Free
Minimum Deposit $10

What We Like:

  • More than 2,500+ stocks
  • Buy Walmart stock at 0% commission
  • Minimum deposit only $10
  • Regulated by numerous top-tier entities
  • Accepts e-wallets like PayPal and debit/credit card deposits
  • User-friendly stock trading cell phone app

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy Walmart Stock From Just $5

webull logoWebull is also a popular stock broker used by US clients that seek low fees and small account minimums. In fact, when opening an account with Webull for the first time, there is no minimum deposit threshold to meet whatsoever. Furthermore, when account holders go on to buy Walmart stock – no commissions apply.

Those on a tight budget will also appreciate that Webull permits fractional stock investments from just $5. In effect, this means that a deposit of just $100 would permit diversification into Walmart and 19 other stocks. In total, Webull offers over 5,000 stocks from the NYSE and NASDAQ. 

Other than a limited number of ADRs, international stocks are virtually non-existent here. With that said, Webull does list a wide range of ETFs – many of which offer access to foreign markets and assets. Webull also allows users to invest in cryptocurrency from just $1. This covers dozens of major tokens – with more projects added regularly to meet customer demand. 

Webull review

For those that are opening an account with Webull for the very first time, the broker offers a promotional bonus. By simply registering a verified account, users will be given two free stocks valued at up to $300. After adding some funds, an additional four stocks will be awarded for free.

On the other hand, those that are looking to build a long-term investment portfolio might consider opening a retirement account at Webull. This consists of Traditional, Roth, and Rollover IRAs. Finally, Webull might also appeal to those that wish to buy Walmart stock and other equities on margin. This will require a minimum account balance of $2,000 as per SEC rules.

Number of Stocks 5,000+
Deposit Fee ACH – free / Bank wire – $8
Fee to Buy Walmart Stock Commission-Free
Minimum Deposit $0

Pros

  • No minimum deposit
  • Minimum stock investment is just $5

Cons

  • International stocks offered via ADRs only
  • No copy trading tools
  • Does not support debit/credit cards or e-wallets

Your capital is at risk.

Step 2: Research Walmart Stock

Researching Walmart stock from top to bottom will ensure that potential investors enter the market with their eyes wide open.

In the sections below, we examine some key information surrounding this company from an investment perspective.

What is Walmart?

Founded in 1962, Walmart is the largest grocery retailer in the US. The firm has over 4,700 stores in the US alone, and thousands more overseas. This includes locations in Canada, India, South Africa, Mexico, and more.

Due to its significant market share in the US, Walmart is able to purchase goods and services at highly competitive prices. This is subsequently passed on to the consumer – which is why Walmart continues to remain the go-to retailer for those on a budget.

Walmart Stock Price – How Much is Walmart Stock Worth?

Walmart is not only the largest grocery retailer in the US – it is now of the largest companies globally. As an organization that offers products and services that remain in demand regardless of how the US economy is performing, Walmart is viewed as a staple stock. This means that investors will often flock to Walmart during times of uncertainty for its strong and stable status.

In terms of its stock price performance, Walmart has increased in value by 60% over the prior five years. While this might seem modest at first glance, it is important to note that, over the same period, the NYSE Composite has grown by just 35%.

walmart stock price

As such, this highlights that although Walmart typically generates slow and steady returns, in recent years it has outperformed the broader markets. As of writing, Walmart is carrying a market capitalization of over $350 billion. This makes it one of the largest entrants of the S&P 500 index.

EPS and P/E Ratio

Walmart, as of writing, is carrying a P/E ratio of just over 27 times. When compared to some of its main competitors, this could indicate that Walmart is undervalued.

For instance, fellow low-cost retailer Costco is carrying a P/E ratio of over 38 times. Amazon is perhaps even more expensive at over 60 times.

In terms of its EPS, this stood at $4.87 and $4.75 in 2021 and 2020 respectively – which represents an increase of over 2.5%.

Walmart Stock Price Prediction

According to sell-side Wall Street analysts over the prior three months, the general consensus is that Walmart is a strong buy. While 81% of analysts have the firm as a buy, 19% suggest a hold, while 0% view Walmart as a sell.

When it comes to Walmart stock price predictions, sell-side analysts carry a low and high estimate of $134 and $181 respectively. This translates into an average sell-side analysts’ price target of $157.

Even the most respective Wall Street analysts get price predictions wrong – so investors are advised to do their own research when deciding on whether or not to buy Walmart stock.

Walmart Stock Dividends

Although Walmart doesn’t offer the most attractive yield in the market, it is still one of the best dividend stocks to add to your portfolio right now.

The reason for this is simple – Walmart is just one year away from becoming a dividend king. This means that the firm has increased the size of its annual dividend payment for nearly 50 consecutive years.

Therefore, for those looking for a solid dividend stock that can be relied on – even during bearish economic conditions – Walmart is worth considering.

Is Walmart Stock a Good Buy?

Deciding on whether or not Walmart stock is a good buy will require some additional in-depth research.

It’s best to focus on the fundamentals in this respect – such as how the firm is performing against the broader market and how its most recent earnings report stacks up against Wall Street expectations.

Consider the following when deciding on whether to buy Walmart stock today:

Solid Stable Stock With Consistent Dividend Policy

The first thing to note when deciding on whether or not to invest in Walmart is that the firm is a solid stable stock.

And as we mentioned earlier, this means that the firm will likely continue to perform well and meet its forecast targets even when the broader economy is bearish.

  • In addition to this, Walmart is one year away from becoming a dividend king.
  • This is especially impressive considering the global uncertainties that Walmart has gone through over the prior five decades – including the COVID pandemic and 2008 financial crisis.

All in all, while Walmart likely won’t provide the same sort of returns as tech stocks like Amazon or Apple, at the same time, the firm will appeal to those that seek solid and stable returns alongside a consistent dividend policy.

Great Opportunity to Buy the Dip

Walmart – like most retailers in the US, is suffering the effects of rising inflation and supply chain issues. This has resulted in tighter profit margins, which in turn, has impacted its stock price.

After all, Walmart margins are already wafer-thin, as the grocery retailer operates on a high-volume, low-mark-up business model.

is walmart a good investment

For instance, in April 2022, Walmart stock hit an all-time high of $160. Just one month later, the stock hit lows of $117. This translates into a decline of 25% in just four weeks of trading.

However, many would argue that the current issues facing inflation and higher costs of goods are temporary. And therefore, it is possible to take advantage of this temporary market dip by purchasing Walmart stock at a discount.

Walmart Outperforms the Broader Markets 

While Walmart is known for its slow and steady returns, the firm has still outperformed major indices over the prior few years. As we mentioned earlier, over a 5-year period, Walmart stock is up 60%.

In comparison, the NYSE Composite has grown by just 35%. This highlights that Walmart has what it takes to generate attractive returns – even when it is operating on ever-tightening margins.

Step 3: Open an Account & Buy Stock

For those wishing to learn how to buy Walmart stock today with low fees and small account minimums, eToro is the best platform for the job.

Investors will not pay any trading commissions on this platform and the minimum deposit and stake requirement when buying Walmart stock is just $10.

To invest in Walmart in under five minutes right now – follow the steps below.

Step 1: Open an eToro Account

The first step is to open an account with eToro. The broker will need to collect some personal information – such as name, home address, and social security number.

eToro also requires a cell phone number and email address.

etoro review

Finally, eToro will collect some information regarding any prior trading experience. This ensures that eToro offers suitable products and services for its clients.

Step 2: Upload ID

eToro is regulated by the SEC and FINRA, so it must also collect some ID documents.

This includes a government-issued ID – such as a driver’s license or passport. eToro also asks for proof of address. Examples of supporting documents include a recent bank statement or internet bill.

eToro will verify the documents near-instantly. Wait for a confirmation email to advise when the account has been verified.

Step 3: Deposit Funds

When it comes to funding, US clients are required to deposit $10 or more. Most eToro clients will use a debit/credit card to deposit funds as this payment method is both instant and convenient.

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Other options here include ACH, domestic bank wires, Paypal, and Neteller. All accepted payment methods are processed by eToro fee-free when the payment is made in US dollars.

Step 4: Search for Walmart Stock

The next step is to find Walmart on the eToro platform. Like many brokers, eToro offers a convenient search bar.

buy walmart stock at eToro

Therefore, it’s just a case of typing in ‘Walmart’ and clicking on the ‘Trade’ button to proceed to the next step.

Step 5: Buy Walmart Stock

eToro will now require an order form to be completed. This simply requires the amount of money that will be invested into Walmart stock.

buy walmart stock at eToro

The minimum here is $10 – so investors can stake any dollar amount above this figure.

Finally, to buy Walmart stock for your portfolio instantly, click on ‘Open Trade’.

Walmart Stock Buy or Sell?

For those seeking above-average market returns – Walmart will likely not be of interest. However, for investors that favor slow and steady growth from a company that has a significant market share and a highly robust balance sheet, Walmart is well worth considering.

After all, the low-cost products and services that Walmart sells are in demand during all economic cycles. Furthermore, Walmart has increased the size of its dividends for no less than 49 consecutive years.

This has been the case even during major bear markets – such as the 2008 financial crisis and the COVID pandemic. This sentiment on Walmart is largely shared by the broader markets – with 81% of sell-side analysts concluding that Walmart is a buy.

Finally, and perhaps most pertinently, Walmart stock has suffered the impact of rising inflation levels and supply chain disruptions – through no fault of its own. In turn, this has impacted its stock price and thus – Walmart can now be purchased at a major discount.

Conclusion

Walmart is a solid staple stock with a highly robust balance sheet. In addition to steady returns, investors can rely on the firm’s 49-year consecutive dividend payout history.

To buy Walmart stock now, the process is very straightforward when using a low-cost broker like eToro. From start to finish, it doesn’t take more than five minutes to open an eToro account and place a market order.

When using eToro for this purpose, the minimum investment requirement is just $10 and no commissions are charged when investing in Walmart.

etoro logo

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

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