For retail stocks, one of the things that a lot of investors look forward to is the typical, “Santa Claus Rally” leading up to Christmas. It makes sense, since holiday shopping is at its peak. That hasn’t really been the way things have turned out this year. After surging from a bear market low in […]
Read MoreNo matter what current market conditions may be at any given time, one of the primary questions any long-term focused investor – whether you prefer a growth or value approach – should be whether the strength of the underlying business is strong enough to justify a stock’s current price. For growth-focused investors, the question is […]
Read MoreOver the last three years, I’ve used economic uncertainty – first from a year-long trade war through 2019, and then of course the COVID-19 pandemic starting in 2020 – as the basis for a lot of the analysis, and certainly some of my own investments in the marketplace. I think that when economic conditions become […]
Read MoreWalmart Inc. WMT, stock rose 2.2% in Tuesday premarket trading after the retail giant raised its full-year earnings guidance, the third consecutive quarter it has done so. Net income totaled $3.11 billion, or $1.11 per share, down from $5.14 billion, or $1.80 per share, last year. Adjusted EPS of $1.45 beat the FactSet consensus for […]
Read MoreWalmart has teamed up with coin-cashing company Coinstar and digital currency exchange CoinMe to install 200 Bitcoin ATMs in stores across the US. To buy Bitcoin, customers must insert a banknote into the ATM before receiving a voucher with a code that can be redeemed through a CoinMe account, following a background check. Sam Doctor, […]
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