Shares of Walmart (WMT) plunged violently last week as the retail behemoth came short on earnings, helping drag down the rest of the retail industry with it. The stock is now down more than 25% from its highs and trailing the broader S&P 500 (SPY) after doing a decent job of holding its own in the earlier innings of the brutal sell-off. Walmart may have better purchasing power than most other retailers. However, it could not dodge the blow of inflation in the first quarter, which took a toll on its margins. Such margin pressures ought to be viewed as temporary in nature, though. I remain bullish on WMT stock.
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Walmart (NYSE:WMT)
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Walmart (NYSE:WMT)
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De Jul 2021 até Jul 2022 Click aqui para mais gráficos Walmart.