What's Wrong With Walmart Stock?
Walmart (NASDAQ: WMT) reported earnings in May, and while the business did well, the stock has been sliding in recent weeks, down around 8% in the past month. Its valuation has now fallen below $1 trillion, although the stock remains in positive territory for the year.
For what's been a fairly safe investment to hang on to, it may be a concerning situation for investors. What's behind the sudden bearishness? Could this be a good time to buy the top retail stock on the dip, or could there be greater headwinds looming?
Image source: Getty Images.
Source Fool.com
Walmart Inc. Aktie
103,52 €
0,54 %
Die Community liebt Walmart Inc.: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Mit einem Kursziel von 109 € für Walmart Inc. könnte eine leichte Steigerung gegenüber dem aktuellen Kurs von 103.52 € erreicht werden.
