by winston » Wed Feb 28, 2018 10:33 pm
vested
Walmart
The giant retailer is on sale after being pummeled recently. Walmart Inc. (NYSE: WMT) is the world’s largest retailer, operating retail stores under the formats of Walmart Stores, Supercenters, Neighborhood Markets, as well as Sam’s Club locations, in the United States, and it has a growing e-commerce business (including Jet.com).
Internationally, Walmart also operates locations in several countries, including Argentina, Brazil, Canada, China, Japan, Mexico and the United Kingdom.
Each week, nearly 260 million customers and members visit the company’s 11,535 stores under 72 banners in 28 countries and e-commerce sites in 11 countries.
With fiscal year 2017 revenue of nearly $486 billion, Walmart employs approximately 2.2 million associates worldwide.
The stock was absolutely crushed after reporting earnings in which e-commerce sales came in below expectations. The stock suffered its worst trading day ever, and many top Wall Street analysts have said to jump on shares after the decline.
Walmart shareholders are paid a 2.27% dividend. The Jefferies price target is $110. The consensus target is $104.49, and the shares closed on Tuesday at $91.52 apiece.
Source: 24/7 Wall St
It's all about "how much you made when you were right" & "how little you lost when you were wrong"