Why isn't Wal-Mart doing better in this environment~~especially with all the joblessness?
Answers
426 points
MONEYTREE answered 4 months ago …
Wal-Mart is pretty much moving with the rest of the retailers which is down at the moment and might continue to slide, but your right it should be doing better but it also was doing better a few months ago when everything else was so horrible, I think it will probably show up in wal-marts earnings report and really show that they did better than people believe.
If your a longer term investor for this stock or even just for another quarter or two this stock should go up over the next few quarters if the economy will take longer to get better. Even in a better economy wal-mart should still do well. This stock is at a key level of breaking $47.15,and is in somewhat of a short term down trend, so when there earnings come out its going to be interesting, sorry i dont know when they report earnings...
3963 points
MNSL answered 4 months ago …
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