4 Reasons To Buy Walmart After 10% Plunge - News Summed Up

4 Reasons To Buy Walmart After 10% Plunge


The 10% plunge in Walmart shares on Feb. 20 -- which slashed $31 billion from its market capitalization -- looks like a buying opportunity. Walmart said EPS for the fiscal year would be between $4.75 and $5.00 -- "lower than some had been anticipating, mainly due to a smaller-than-expected benefit from recent tax-code changes," noted the Journal. Here are my four reasons Walmart shares look more attractive now. 1.Walmart is learning e-commerceIt is a huge management challenge for a company that's successful at land-based retailing to shift to e-commerce. Walmart began trying that in the 1990s and got little traction.


Source: Forbes February 21, 2018 13:49 UTC



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