Walmart Inc (WMT)

[mdb1]

Come on $120s WMT. Great earnings results even as you raised wage by a large amt for employees. You and AMZN are the big gorillas of e-commerce retail and brick&mortar.

[mdb1]

Great earnings but down 6%:

""By any conventional measure, Walmart (NYSE: WMT) deserves a 10 on its latest earnings report. Comparable sales were strong, e-commerce sales surged to their fastest pace in a year, and the company delivered solid growth in international markets. The retail giant even boosted operating income by 6% in constant currency, which it had struggled to do in previous quarters, and adjusted earnings per share increased from $1 to $1.08, beating analysts' estimates of $1.01.""

Instead of going to $120 it went $96s. What???!!!???

[mdb1]

Great earnings report and WMT tanks. Should be expected after last Q (same thing happened - only if I remember correctly WMT went back to 90ish). So far only $96s this time. The stock market -- buyer beware.

[mdb1]

You're probably right. But the results were good. Guess WMT isn't ready to be in the $100s range. Last earnings it did the exact same thing (ran as fast as it could from $100s).

[discodave1]

Imo retrace to mid 90s at best. Still a good hold but i keep not selling lol

[discodave1]

As long as amazon is up wmt will go down

[mdb1]

WMT reaction to Great Results is scary. Should have gone to $120s imo: Internet sales growing, same store sales up, made money and met revenue.

It should have gone to $120s.

[mdb1]

Great earnings numbers -- but feels like WMT is going to drop anyway.

[Eagleize]

Watch it crash when they pay $15 to employees. Bernie Sanders will crash this stock.

[mdb1]

$110 before earnings??? Probably not.
WMT shou be in the $290s. What is up here?

[mdb1]

WMT hit $105s today -- my prediction off by 1+ full week.

[discodave1]

Man i gotta feeling it will. Its up cuz amaz is down. As long as amaz goes down wmt goes up.

[mdb1]

Will WMT go upto $110s this round?

[discodave1]

Amazon is up 80$ go figure wmt works in tandem so figure thats what it is down today but been up last wk. pot stocks bit of a bubble

[mdb1]

will it hit $105 today???
Why are pot stock down? Wouldn't they keep exploding UP,UP,UP,UP?

[discodave1]

Oh yea good its up cuz my pot holdings are down down down

[mdb1]

Is WMT going to $109s like the last time it went above 101 on a sustained run up?

[discodave1]

Crazy price swings in early trading

[JLHammer]

https://globalcoinreport.com/walmart-enters-blockchain-ecosystem-with-walmart-leaf-wal/amp/?__twitter_impression=true

[JLHammer]

https://www.bloomberg.com/news/articles/2018-10-09/walmart-canada-ponders-possibility-of-selling-cannabis-products

[mdb1]

Yea, but he started out in the Walmart stock room as a young kid.

[tw0122]

Douglas McMillon, C.E.O. of Walmart
Makes 1,188 per cent more then average employee
Total Reported Compensation: $22,179,961
Pay Ratio: 1,188
Walmart employs 1.5 million people in the United States, making it by far the country's largest private employer.
Long a target for critics who say it underpays its workers, Walmart has in recent years made efforts to change this narrative. In January, the company said it would raise its starting minimum wage to $11 an hour, offer employees a onetime cash bonus, and expand parental leave.
The efforts have only helped so much. The median employee at Walmart made $19,177 last year. In that time, Mr. McMillon made more than $22 million, resulting in a pay ratio of 1,188.
"At a time when too many Walmart workers face stagnant wages and tens of thousands still qualify for public assistance, is paying your C.E.O. 1,188 times the median employee really the best investment for Walmart?" said Randy Parraz, director of Making Change at Walmart, a labor group. "Instead of pursuing billion-dollar stock buybacks and million-dollar C.E.O. payouts, Walmart needs to make the necessary investment to eradicate poverty within and among its own work force."
Walmart declined to comment.

[mdb1]

amzn at $1920s and wmt almost at $92s. Competing at every point.
why isn't wmt at $300s?

[mdb1]

It's going back to $93s!!! What???

[mdb1]

WMT competing with AMZN step for step: it's a 2 company race: internet, financial, brick and mortar, delivery and scope.
WMT: $94s
AMZN: 2020s
---------
What gives??? WMT should be in the 290s - 320s imo. Come on.

[UnderOath-KY]

Bozo effect is on

[conix]

WMT is tone deaf in Eastern Europe

https://emerging-europe.com/news/baltic-states-angered-by-walmarts-soviet-chic/?utm_source=Portal+subscribers&utm_campaign=4d53fe551d-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_9f757451c5-4d53fe551d-548026401

[UnderOath-KY]

Good idea that will never fly

[JohnSamuel]

Bernie Sanders introduces the BEZOS Act, slamming Amazon's low wages
Sen. Bernie Sanders and Rep. Ro Khanna, D-Calif., introduced legislation on Thursday aimed at shaming large, profitable corporations like Amazon and Walmart.
The "BEZOS Act" would tax corporations for every dollar that their low-wage workers receive in government assistance.
Jillian D'Onfro | @jillianiles
Published 7 Hours Ago Updated 3 Hours Ago
CNBC.com

Sen. Bernie Sanders' criticism of Amazon peaked Wednesday as he and Rep. Ro Khanna, D-Calif., introduced legislation to tax corporations for every dollar that their low-wage workers receive in government health-care benefits or food stamps.

The bill, pointedly called the Stop Bad Employers by Zeroing Out Subsidies, or BEZOS, Act, is aimed at shaming companies like Amazon and Walmart, whose workers rely on public assistance.

For months, Sanders has targeted Amazon, juxtaposing the wealth of CEO Jeff Bezos with reports that Amazon warehouse workers are paid less than industry averages and rely on food stamps.

Bezos is the richest man in the world, with a net worth of more than $168 billion.

"Our legislation gives large, profitable employers a choice: Pay workers a living wage or pay for the public assistance programs their low-wage employees are forced to depend upon," Sanders said of the proposed law.

For example, if an Amazon worker received $2,000 in food stamps, Amazon would be taxed $2,000 to cover that cost.

Amazon has previously called the Vermont independent's claims about working conditions in its fulfillment centers "inaccurate and misleading" and a spokesperson declined to further comment on the bill.

You can watch the announcement from Sanders and Khanna here:

Correction: Sen. Bernie Sanders is an independent from Vermont. An earlier version misstated his party affiliation.

[I-Man]

Yeah well, JCP already has had this in play already at 500 of their stores.

[mdb1]

Christmas and toys are BIG especially since most people are doing much better economically in US. This action by WMT could boost profits by 15% over Oct-Dec quarter imo. maybe even boost by 20%, once in store/online customers may purchase other stuff besides toys.

[I-Man]

Is WMT paying CNBC to whore them in PR news I ask??

Today CNBC going on about WMT increasing toy sales 30% for Christmas due to Toys R Us gone; yet NEVER one word from them about JC Penneys (JCP) who ALREADY refashioned 500 stores to do just that and in SEC filings and having Toys and Kids R Us type venue in 500 stores......???

[mdb1]

Why AMZN at $2020s???!!! and WMT in $90s? This is nuts, crazy, insane.
WMT should be in the $200s and even $290s.

[pennystockaholic]

We will get there needs more time. $200 by first quarter 2019 that's what the analyst are saying

[mdb1]

As AMZN marches toward $2000/share, WMT stays at $90s. Outrageous imo.

[Blair_wallingford]

I believe with this cup and handle structure Walmart is ready to take off on a strong upswing very soon. Anyone else seeing it this way?

[pennystockaholic]

We will get to $200 by first quarter 2019

[mdb1]

back to $95s/$96s. imo CRAZY; WMT should be in $290s.

[pennystockaholic]

Yes sir time to load

[UnderOath-KY]

Just talking about this shows me how ridiculous it is! I need to buy more

[UnderOath-KY]

Where’s Bozo when you need him?

[UnderOath-KY]

Walmart want to stream= that’s bad. Only Amazon can do that

[UnderOath-KY]

Sorry driving can’t type

[UnderOath-KY]

Articles coming out today saying Flipkart might drag down profits. If Amazon could have baught them it would be the greatest thing ever. But Amazon couldn’t buy them so it’s bad

[mdb1]

And i thought today (friday) it would shoot up to $103/$104s. But so far $97s/$98s. Come on AMZN is almost $1900 today. The valuations between the two companies is ridiculous imo. WMT should be in the $290s at least.

[mdb1]

WMT should have STRONG back to school sales. I think it is THE RETAILER for back to school in US.

[pennystockaholic]

I love it. We should be at $200 by the fist quarter of 2019

[mdb1]

11% Up in one day (intra) is the largest gain that I can remember WMT making. Pretty unbelievable.

WMT is fickle so who knows how high it will go, but I think it should be in the $290s.

[discodave1]

Will level off 96s imo but start to rise back up before close or gap up again tom. 4 bil $ increase is a big deal hope investors and analyst see that

[discodave1]

Im trying to figure out how target is up to where its at. Wmt should be easy mid 150s. I boycotted amaz 2 years ago. I support brick And mortar stores but i do occasionally shop on wmt.com for unique purchases i cant find locally. I do alot of shopping on ebay too. Ordered something off ebay and the dam box said amaz with amaz tape. God i hate amaz. People lazy nowadays. Never leave the house except for work. Shop groceries online delivered to the door wtf. Order online pick up in store or curbside is ok. We all will be fat in and lazy like the move WALL-E