WMT Only Stock Up Today
WMT (Walmart) is the only stock I own that is up today and it is up a mere .15% for the day. The stock is still down over 10% for the year after Walmart lowered their revenue estimates for the coming quarter. Why is the stock up today? There is a large amount of negative press about resentencing of a Walmart ex executive, nerves about the upcoming holidays, and a sagging economy. But Walmart was recently named Among the 50 top companies for Latinas’ and the price of the stock is frankly a bargain. Expect big things from Walmart coming out of the holiday season.
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