What's Wrong With Walmart Stock?
Key takeaways
- WMT NVDA Walmart (NASDAQ: WMT) reported earnings in May, and while the business did well, the stock has been sliding in recent weeks, down around 8% in the past month.
- For what s been a fairly safe investment to hang on to, it may be a concerning situation for investors.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
WMT NVDA Walmart (NASDAQ: WMT) reported earnings in May, and while the business did well, the stock has been sliding in recent weeks, down around 8% in the past month. Its valuation has now fallen below $1 trillion, although the stock remains in positive territory for the year.
For what s been a fairly safe investment to hang on to, it may be a concerning situation for investors. What s behind the sudden bearishness? Could this be a good time to buy the top retail stock on the dip, or could there be greater headwinds looming?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »