This Top Dividend Stock Just Joined Meta, Tesla, Broadcom, and Berkshire Hathaway in the $1 Trillion Club | The Motley Fool

The newest member of the $1 trillion market club isn’t a surprise. Walmart (WMT +4.20%) became a part of this hallowed institution last week, joining a select cadre of mostly tech stocks. But it did so in a more traditional way — as a leading retail chain that just keeps getting better.

Although it recently switched from the New York Stock Exchange (NYSE) to the Nasdaq in a bid to shine a light on its tech prowess, the company still uses a traditional retailing model, and it’s the only Dividend King that has made the cut to reach this exclusive club.

Here’s why Walmart is still so powerful after all these years, and why it should continue for many more.

Everyone’s retailer

While Walmart is a discount retailer, some of its recent growth is due to expanding to a wider clientele. It has done this in a number of ways, starting with a stellar e-commerce platform. E-commerce sales increased 27% year over year in the 2026…