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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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Walmart Is Latest Retailer to Beat Earnings, While Brexit Keeps Investors Guessing – JJ Kinahan

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Walmart became the latest major store to exceed earnings estimates Wednesday, and shares of the company climbed in pre-market trading. The Walmart news might help give the rest of the market a lift, but Brexit worries have the dollar on the rise again. Walmart earnings of $1.08 per share beat third-party consensus of $1.01, while revenue of $124.9 billion came in just shy of estimates. Walmart also raised fiscal 2019 guidance, and said ecommerce sales—a closely-watched area—rose 43%. That was well above estimates of 35% to 40%, and came as U.S. same-store sales……………

Read more: https://www.forbes.com/sites/jjkinahan/2018/11/15/walmart-is-latest-retailer-to-beat-earnings-while-brexit-keeps-investors-guessing/#3197496b78b3

 

 

 

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