charttrader

WMT could rally 40%

Long
BATS:WMT   Walmart Inc.
4
Entered long at 72.00 thanks to timwest
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.

seekingalpha.com/art...itting-52-week-highs

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.