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?
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Source Fool.com
Walmart Inc. Stock
€103.96
0.780%
The stock is an absolute favorite of our community with 102 Buy predictions and no Sell predictions.
With a target price of 108 € there is a slightly positive potential of 3.89% for Walmart Inc. compared to the current price of 103.96 €.
