Let's call this a teachable investing moment.
And I am going to use Walmart (WMT) as the subject.
There's nothing fundamentally wrong with Walmart — that's an important point here. I know you saw the stock get dinged on Thursday post-earnings and have the chart up on your screen next to global bond yields right now.
There are two reasons for the pullback in Walmart, and they have nothing to do with fundamentals — but it's all part of the investing game.
Walmart has operated darn near perfectly for going on more than two years. Estimates are being crushed every quarter. Every outlook has generally pummeled estimates. Sales and profits have been off the charts. And the stock has run hard. Expectations have been elevated. Wall Street profit estimates have gone up.
#investing #Stock
And I am going to use Walmart (WMT) as the subject.
There's nothing fundamentally wrong with Walmart — that's an important point here. I know you saw the stock get dinged on Thursday post-earnings and have the chart up on your screen next to global bond yields right now.
There are two reasons for the pullback in Walmart, and they have nothing to do with fundamentals — but it's all part of the investing game.
Walmart has operated darn near perfectly for going on more than two years. Estimates are being crushed every quarter. Every outlook has generally pummeled estimates. Sales and profits have been off the charts. And the stock has run hard. Expectations have been elevated. Wall Street profit estimates have gone up.
#investing #Stock
19 days ago
