WALMART SHOCKER TWISTED INTO ANOTHER REASON TO BUY STOCKS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Walmart Shocker
Please click here for a chart of Walmart (WMT).
Note the following:
- The chart shows a big drop in Walmart stock.
- Walmart is the most sophisticated retailer in the world. Walmart has one of the best analytical forecasting capabilities and the most extensive data on millions of consumers. Walmart has the best management there is, yet it is being forced to preannounce earnings. Here are the details:
- Consumers are spending more on consumables due to inflation. After spending on consumables, consumers do not have enough money left so they are cutting back on general merchandise.
July 26, 2022