There is not much doubt thatBest Buy (BBY) will go out of business eventually unless it changes the way it does business. Finally there is a big leap at Best Buy to arrest the company’s downward spiral. Best Buy founder and former chairman Richard Schulze has resigned. Schulze owns 20.1% of the company.
This morning Wal-Mart (WMT) reported blowout earnings. As of this writing, Wal-Mart stock is up $3.20, or 5.4%, even though the overall market is down. Here is why I recently bought Wal-Mart and recommended it as a buy to my subscribers on the news of bribery scandal in Mexico. Investment
This post was just published on ZYX Buy Change Alert Consider taking profits on a 5% tranche on WMT right here at $62.10.
This post was just published on ZYX Buy Change Alert Wal-Mart (WMT) reports $1.09 vs consensus of $1.04; reports revenues of $112.3 billion vs consensus of $110.54 billion. WMT sees Q2 EPS $1.13 – $1.18 vs consensus of $1.16. Commentary in the earnings release is positive. In the pre-market, the stock is
When does $1.00 equal $720? When Wal-Mart Stores Inc. /quotes/zigman/245476/quotes/nls/wmt WMT +2.69% loses $720 in market value for every $1 of alleged bribes in Mexico. But maybe the larger question is whether or not that loss provides an opening for investors. I think that it does. The bribery accusations According
This post was previously posted on ZYX Buy Change Alert Scaremongers are out in full force predicting dire consequences for Wal-Mart (WMT) arising out of New York Times article regarding bribery charges in Mexico. It is a great topic to gain publicity for the scaremongers. However, their predictions are not consistent with
This post was published earlier on ZYX Buy Change Alert Wal-Mart (WMT) is being hit hard on revelation of bribes in Mexico. As a short term trade, only aggressive traders may consider buying no more than 25% of full core position size in the zone of $58.31 to $59.36. Target $62 to
Yes, I admit I use Google (GOOG) products. Much has recently been written about the new privacy policy from Google. The discussion in media did not bother me as I thought I would easily deal with privacy issues. Then I, too, received my Dear Google User email. The email starts
Best Buy (BBY) reports earnings on Dec 13 before the market open. Bad earnings report has the potential to push the stock down to $21-24. BBY has become a showroom for Amazon (AMZN). Customers check out the merchandise at BBY and then buy them at AMZN. It is no secret
Wal-Mart (WMT) today painted a bullish story for analysts gathered near its headquarters in Arkansas. Wal-Mart will launch new apps for Apple (AAPL) iPad and iPhone. Wal-Mart is testing its smaller Wal-Mart express format. Wal-Mart stock is up strongly. We recommend caution on buying Wal-Mart at