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Walmart (WMT) has raised its profit forecasts

October 11th, 2007 admin Leave a comment Go to comments

Stocks continue to rise on positive news including Walmart (WMT) has raised its profit forecasts. The Dow Jones Industrial Average was up 103.89 points up .74 percent with 3 hours of trading remaining in the day. The NASDAQ was up 20.70 points up .74 percent with 3 hours of trading left in the day. All of my stocks are up for the day except for McDonalds (MCD) which is down over 1 percent for the day but is still up 34.17 percent for a 2 year period or up 17 percent per year. Walmart (WMT) is leading the way and is up 3.5 percent recouping some of the recent losses. I was recently in a Walmart and saw an increase in the number of San Diego drug treatment products. Apple Inc, (AAPL) is also up 2 percent so far with many other stocks in the green. Overall for a two year period I am currently up 27 percent or up 13.5 percent per year.

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