Ok ... so let’s say you are WMT, what is the next step you take, which was already made by all the other major companies in the US, CREAT A PAYMENT SOLUTION. Now nobody says that it will be as good as Amazon’s or Revolut, but at least they will keep their current loyal customers, well... loyal.
Let’s think about it. In your home country, don’t you have a store, to which you always go? No matter what other competitors are next to it. That is because you are loyal to the brand, to the products the brand offers you and also you are loyal to the pricing. Now a customer that is already loyal with the pricing, he or she will 100% choose an even better price, or price solution offer by the brand you are loyal to. Seems a good enough reason for me to go long for at least a year.
Now on the technical side, well you can check it up for yourself, basic bullish trend.
Let’s think about it. In your home country, don’t you have a store, to which you always go? No matter what other competitors are next to it. That is because you are loyal to the brand, to the products the brand offers you and also you are loyal to the pricing. Now a customer that is already loyal with the pricing, he or she will 100% choose an even better price, or price solution offer by the brand you are loyal to. Seems a good enough reason for me to go long for at least a year.
Now on the technical side, well you can check it up for yourself, basic bullish trend.