4 Reasons To Buy Walmart Stock – Peter Cohan

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Back in February, Walmart — in which I have no financial interest reported disappointing numbers and its stock tumbled. I saw four reasons to buy its stock its shift to eCommerce, economies of scale, investment in its people, and a not outrageous valuation.Since then Walmart stock has risen 8.8% to $99.54. But after reporting a beat on earnings, a miss on revenues, and a rise in guidance, can Walmart stock rise? I see four reasons why those shares could surpass their January 2018 all-time high of about $110………..

Read more: https://www.forbes.com/sites/petercohan/2018/11/16/4-reasons-to-buy-walmart-stock/#1c93b90164bd

 

 

 

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