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MB, I couldn't find the article I was looking for, it was more upbeat for WMT than this one is:
Walmart Might Not Get a TikTok Boost. Its Sale Outlook Isn't Great Either. -- Barrons.com
11:08 am ET August 31, 2020 (Dow Jones) Print
By Teresa Rivas
From Covid-19 shopping sprees to TikTok hopes, Walmart has had a great 2020. However, with the stock up 15% year to date, R5 Capital worries that it's gotten ahead of itself, and the firm's downgrade is hurting the shares Monday.
Analyst Scott Mushkin downgraded the shares to Hold from Buy, with a $147 price target. He's quick to point out that the move isn't based on any wavering in is belief that the company's outlook, as it "has a bright future and all the ingredients to be a long-term winner"; rather, he's concerned about a "more muted outlook for sales over the next 12 months."
His research shows that a reduction in employment benefits will weigh on Walmart's top line, and that looks like a problem that will continue, as he's projecting personal disposable income to contract through the second quarter of next year at least.
That could be a problem for a number of retailers, but Mushkin notes that "Walmart's core customer is being particularly impacted by the current economic climate." Add to that the fact that its valuation (at more than 25 times forward earnings) looks high, compared with where it trades historically, and his caution on its bid for TikTok with Microsoft (MSFT) given its recent M&A record, and he sees reason for near-term caution.
Walmart is down 2.8% to $136.36 in recent trading. Mushkin isn't alone in worrying about the impact of less government help on the company's sales going forward, as that was a big reason the stock traded lower after its recent earnings report, which was otherwise ahead of expectations. Yet other analysts are more optimistic about the value of owning TikTok.
Write to Teresa Rivas at teresa.rivas@barrons.com
THey want the kids, they are the only ones with money, plus they aren't afraid of this virus. I want Walmart Prime! After the close, I'll look for a article that makes sense of why WMT wants to buy TikTok.
I believe the deal with get done, Xi Jinping and Trump enjoy pissing contests, IMO.
Actually surprised Walmart is trying to buy TikToK. Appears China will prevent its sale anyway. Stock split should happen anyway imo. Why is Walmart waiting? Makes no sense to me.
Wal-Mart has split its stock 11 times since going public in 1970. But there doesn't seem to be any magical share price that triggers the split. For instance, it split shares in August 1975 when the stock was $23 but also in April 1999, when the stock was $89.75, and that was it's last split.
https://www.stocksplithistory.com/walmart/
Walmart should do a 3 for 1 stock split. Doing that could propel WMT stock to $200++ range before the split takes effect. I wonder why Walmart has not announced this already. Historically they have done multiple stock splits way before the stock price hit $140s.
Hit $141 already today.. now for $150s next week (i hope)
Sounds like TikToK favors the MS/WMT deal.
Maybe now WMT will catch up with TGT and reach the $150s. It should easily be $300s++ imo.
Is WMT $300 yet? Maybe it has finally left $129s.
Any Calls? What Price and Strike date?
Walmart + is coming
Nope, nevermind -- now in the $129s (forget $130s)
Is this the day, WMT will not hit $130s since earnings? Incredible earnings and quarter only to have it crash from $137 to $130s.
WMT should have spiked to way over $300. Makes no sense. Hey TSLA went from $908 to over $2100s in a couple of months.
Something is wrong: it may stay positive today. Great large growing company but the stock stinks so badly.
Yesterday hit $130.05; today hit $130.10: this is the result of one of Walmart's best Quarters in decades -- down $6.
Back to the $120s again WMT. Very very sad and unbelievable
$WMT Flirts with a Key Breakout Failure Potential https://www.tradingview.com/chart/WMT/q9LGJnvc-WMT-Flirts-with-a-Key-Breakout-Failure-Potential/
TGT did what WMT should have done go up by $17+. Walmart is a great growing company, but the stock price (large shareholders selling) stinks something awful.
Maybe the FED is liquidating some positions.
Maybe longs are pulling out and investing in their new partnership with TPTWMT. Because these pods are being placed in Florida and California Walmart locations and the company is trading under 10 cents.
WMT selloff continues. Who in their right minds are SELLING?
These are best results in almost 20 years and the stock is selling off. Who are these crazy large shareholders?
$WMT | #Walmart Long Into Earnings
Earnings on Tuesday before the open, expectations
are for a rally.
MACD is reversing away from Zero-line
Histogram is ticking higher.
Volume steadily increasing.
7&12 ma's bullish cross above 20ma imminent.
$140 a conservative breakout target
$129 stop loss
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Lol, you have to love the Garcia hit article where she claims “UNNAMED ANALYSTS” are concerned about future sales. Well I’m telling you that WMT is going to $200 a share by the end of the year. With the exception of if Biden and Comrade Harris some how take the election. Although, I think that is a slim chance since even New York will most likely go to Trump this election. GLTA
WMT shareholders are truly strange -- they keep selling off WMT after huge profits and after gaining e-commerce market share. What a strange lot.
I think: a timber -- down huge day today. Go figure. Maybe back to the $120s today. What a truly weurd, weird stock.
WMT was NEGATIVE for a while in preMarket. WMT has more than doubled its internet business in the last 2 quarters. This is Walmart's future. The stock should have gone up 2X already. Truly weird.
WMT is the section 8 store of America
WMT is now a e-commerce giant along with AMZN. Based on internet business alone it should triple in stock value. Let's see if it goes back to $120s.
It is so weird. In this stock market environment, WMT should have popped to $500++, but it remained stuck @ $119s - 130s. AMZN popped to over $3000, AAPL popped to over 460, TSLA to over $1800s, but WMT has NOT popped.
Truly weird .. Truly weird .. Truly weird
Can WMT ever hit $400???? Isn't Walmart.com the 2nd most visited site in US after AMAZON.COM?
Will WMT ever break $175 (should be $300++ imo)? So far it always goes back to $320s.
Finally something we agree on... ;o)
WMT should be @ $300s imo (but it keeps hitting $120s instead)
I still believe WMT has room to grow. Everything is closing WMT is a great position to create mini distors
//Entertainment Purposes Only//
Walmart hasn’t moved but it might take off soon
$WMT | #Walmart Weekly Close Vital
On hot Alert, for a major breakout.
It would be great to get a new ATH weekly candle close to set up
a potential breakout for next week.
Alert set for $134. for possible trade to $140 short term.
Indicators are bullish , but the long established trend-line must be kept in mind
as resistance.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Anything’s possible the good thing is you have 2 years time ! See how elections shake things up and how the politicians play covid out.
Hi I bought a call option on Walmart for $195 with expiration date of Jan 21 2022 do you see Walmart at that price by 2022?
Nice to see up movement. WMT
News: $WMT Walmart's New Subscription Service Has a Key Advantage Over Amazon Prime
Walmart (NYSE: WMT) is preparing to launch its latest assault on Amazon (NASDAQ: AMZN) . According to an article on Recode this week, the retail giant is about to unveil a new subscription service called Walmart+ that will offer similar benefits to Amazon Prime. Costing $9...
In case you are interested WMT - Walmart's New Subscription Service Has a Key Advantage Over Amazon Prime
News: $WMT Where Will Target Be in 1 Year?
Like most retailers, Target (NYSE: TGT) has suffered during the coronavirus crisis. The company posted lower sales of high-margin items, such as apparel, and incurred health and safety expenses related to the outbreak. All of that weighed on earnings. Still, overall, Target managed to win i...
Got this from WMT - Where Will Target Be in 1 Year?
YESSIRSKI YESSSIRRRRR 7/10 130 CALL I dont know if It will hold 130 but I see it hitting 130 for sure.Lot of action today
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