Walmart Stock: Not Filling My Basket Here

Summary:

  • Walmart Inc. shares have recovered and are trading near all-time highs after a setback in 2022 due to pandemic-related trends and inflation concerns.
  • The company has posted solid financial performance, with margin expansion and increased earnings per share.
  • Walmart has set ambitious targets for sales growth and operating margins, but earnings multiples remain high, raising caution for investors.

Walmart Raises Its Minimum Wage To 14 Dollars An Hour

Joe Raedle

Shares of Walmart Inc. (NYSE:WMT) have been in a decent recovery mode, recently trading at $158 per share, just two dollars from their all-time highs. This came after shares had seen a setback in 2022, as investors feared a reset of


Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.


If you like to see more ideas, please subscribe to the premium service “Value in Corporate Events” here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!

Leave a Reply

Your email address will not be published. Required fields are marked *