20 02, 2024

Walmart Gains 4% After Earnings Beat, Vizio Deal, & Dividend Increase: 3 Other Reasons to Buy WMT

By |2024-02-20T17:49:49+00:00February 20th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Walmart (WMT) shared the results from its fourth quarter alongside the announcement that it would be purchasing TV manufacturer Vizio while simultaneously boosting the quarterly dividend. All this news sent shares 4% higher Tuesday morning, adding to what has been a strong trend over the past few weeks. The worldwide retailer is benefiting from [...]

16 11, 2023

Walmart Drops 7% on Concerns of Cautious Consumer Spending: 3 Things You Need to See

By |2023-12-07T19:47:55+00:00November 16th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , , , |

Walmart (WMT) reported third-quarter earnings this morning that beat Wall Street’s consensus on both the top and bottom line, but sparked concern over the overall state of the economy. The stock is down 7% so far in Thursday’s trading session. The company reported a 5.2% climb in revenue year over year, posting $160.8 billion [...]

23 08, 2022

This Pension Fund Sold Off Top Tech Stocks to Buy Walmart…Should You Do the Same?

By |2023-12-07T21:16:24+00:00August 23rd, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

A Canadian pension fund (Public Sector Pension Investment Board) recently made dramatic changes to its portfolio. PSP Investments currently manages over $180 billion in assets, so this news has investors scratching their heads, wondering if they should follow suit. After cutting positions in three top tech companies - Apple, Tesla, and Microsoft - they [...]

19 08, 2022

Target Feels the Effects of Inflation in Latest Earnings Report – 2 Reasons It’s Still Rated a Buy

By |2023-12-07T21:16:25+00:00August 19th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

The second quarter wasn’t kind to many companies, especially retail stores like Target. As inflation continued to heat up, the company saw its profits drop an astounding 90%. While competitors like Walmart are suffering the effects of inflation-weary customers as well, the extent to which Target has been affected is far more significant due [...]

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