charttrader
Long

WMT could rally 40%

BATS:WMT   WAL-MART STORES INC
415 2 3
Entered long at 72.00 thanks to timwest
MCD rallying into resistance zone
.

WMT             has historically generated steady cash flows, and the trend is expected to continue for the retail giant, as it continues to out-price its competitors. For a number of years now, the company has successfully implemented low prices on a wide range of products, thus attracting consumers to shop at WMT             . Moreover, Wal-Mart's continued innovation is likely to keep producing positive results for the company. One such innovation is the recent launch of the "Pay with Cash" program, which allows consumers to browse and order products online, and then pay at any WMT             store in two days. Within two months of the launch, it has received tremendous appreciation from customers and we believe it is going to reflect positively in its financial results going forward.

http://seekingalpha.com/article/696321-why-is-wal-mart-hitting-52-week-highs
BuffaloBill
4 years ago
Coincidentally, Buffet picked up 46.7 Mil. shares right before that 3/Month rally! Think that may have anything to do with it..?
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charttrader PRO BuffaloBill
4 years ago
Who knows:)
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