Walmart’s Profits Will Bee Under Pressure from CapEx
Walmart (WMT) just lowered profit estimates as it will spend on distribution centers. Investors sold on the news, I will too.
Walmart (WMT) just lowered profit estimates as it will spend on distribution centers. Investors sold on the news, I will too.
Walmart (WMT) has a catalyst in ecommerce, which had U.S. sales growth of 79% last qtr. And Walmart+ is another catalyst.
Walmart (WMT) might have two catalysts on its hands with Walmart+ unlimited grocery delivery and TikTok.
Walmart (WMT) stock is getting a lot of headlines during this Corona-crisis. But the stock is the same price it was last qtr.
Walmart (WMT) has been a strong stock during this Bear Market, but I continue to think the stock has low risk/reward.
Walmart’s (WMT) eCommerce sales jumped 41%, and grocery sales are strong, but profit growth of 7% doesn’t impress.
Walmart’s (WMT) been a hot stock since May, and is now hitting All-Time highs. But the numbers suck, take a look.