NewroadTrader

Buy $WMT - NRPicks 14 Mar

Long
NYSE:WMT   Walmart Inc.
Walmart Inc. participates in retail and wholesale operations in various formats around the world. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club.

The retailer's growth strategy so far has led to its US sales growing about 8.6% in the past year, according to its fourth-quarter earnings report last month. Net sales increased 29B million in the year.

Walmart's main growth strategy is building its online marketplace and e-commerce banking, while expanding other businesses, including its advertising, finance and healthcare businesses. His most recent investment was a $ 2.2B capital injection together with Tencent in Rakuten.

- P / S 0.67
- Sales 559B
- ROE 23.90%

Technical:
Support at $ 127
Price settled on MA50
Low RSI Oversold Levels

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