I agree. Not sure why WMT even went down to $71 after last Quarter's results.
Beat analyst earnings estimate by 1 penny, increased up outlook/guidance very slightly and met analyst revenue # (taking into consideration $2 billion loss in currency exchange). But it did dip to $71.
What WMT is doing today is the behavior I expected the day after earning release. A slight rise to $75s and some oscillation between high $73s and $75/$76s, but trending to $77s and then to $80s. Oh well appears it is finally happening now, 2 months later.
WMT to $80s!!!