• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Walmart Is Down 4.1% This Month

October 14, 2021
in Trading
Reading Time: 3 mins read
A A
0
Walmart Is Down 4.1% This Month
0
SHARES
5
VIEWS
ShareShareShareShareShare

Retail giant Walmart is down 4.1% this month amid a supply chain and shipping crisis. This may be the best time to buy its shares at a discount before the holidays.

This year, we have witnessed a sharp supply chain crisis. Ahead of the holiday season, Walmart’s stock price entered a bearish trend. This may be a great opportunity to buy its shares, given the reasons presented in the next sections below. First, let’s start with where you can buy Walmart shares.

How & Where to Buy Walmart Stock Online

If you want to buy Walmart stock right now, all you need to do is register with one of our recommended brokers below:

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Pepperstone

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, they set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade. Their mission is to create a world of tech-enabled trading where ambitious traders can embrace the challenge and opportunity of global markets.

Register with Pepperstone instantly

What Is Walmart?

Walmart (NYSE: WMT) is a retail company that operates a chain of discount stores and hypermarkets throughout the United States.

Should I Buy Walmart Today?

Walmart stock went down this month due to the increasing inflation fears and the supply chain crisis. Yet, some may believe that the sell-off is quickly reaching its endpoint, based on several factors.

First, the retail giant has a robust inventory position, which allows it to fluidise its inflow and outflow. To address supply chain issues, Walmart is planning to extend the overnight working shifts, which means that it will be able to move more cargo. The White House said that the extra hours will help Walmart boost its capacity by 50%.

Next, Walmart closed a deal with Netflix just in time for the holiday season. Walmart now sells lots of collectables, t-shirts, toys, and other merchandise put forward by Netflix, focusing on its hit movies and shows, such as Stranger Things and Squid Game.

Based on this, it doesn’t seem like investing in Walmart ahead of the holiday season is akin to adding charcoal to your own investing stockings. Instead, the stock is quite likely to benefit from higher retail sales, forecasted 7%-9% higher this year.

Walmart Price Prediction 2021

As of this writing, Walmart trades at $138.37. Most analysts adopted a bullish stance, estimating a median target of $170 and a high price target of $190 in the next 12 months.

Credit: Source link

ShareTweetSendPinShare
Previous Post

DocuSign Stock Price Increases on High Trading Volume – Here’s Where to Buy It

Next Post

Bitcoin miner jailed for stealing electricity worth £32,000

Related Posts

July 2023 Sees U.S. Narrow Fabric Import Decline by 3% to $99M
Trading

July 2023 Sees U.S. Narrow Fabric Import Decline by 3% to $99M

October 3, 2023
1
Three Ways to Recognize Double Brokering
Trading

Three Ways to Recognize Double Brokering

October 3, 2023
5
Galveston Wharves Secures $42.3 Million State Funding Boost for Vital Cargo and Transportation Initiatives
Trading

Galveston Wharves Secures $42.3 Million State Funding Boost for Vital Cargo and Transportation Initiatives

October 3, 2023
3
Sour News for Offshore Wind Farms
Trading

Sour News for Offshore Wind Farms

October 2, 2023
5
July 2023 Sees a Surge in Beer Imports to the United States, With a Total Worth of $673M
Trading

July 2023 Sees a Surge in Beer Imports to the United States, With a Total Worth of $673M

October 2, 2023
6
Next Post
Bitcoin miner jailed for stealing electricity worth £32,000

Bitcoin miner jailed for stealing electricity worth £32,000

Recommended

Former Mt.Gox CEO Draws Parallels Between Himself And SBF

Former Mt.Gox CEO Draws Parallels Between Himself And SBF

September 15, 2023
7
Shiba Memu price prediction as presale rakes in over $215k

Whales SHIB buying as Shiba Memu presale crosses $3.4m

September 29, 2023
5
Bitcoin holds steady as DXY advance hurts stocks

Bitcoin holds steady as DXY advance hurts stocks

September 28, 2023
6
dYdX v4 Enables 1-Click Onboarding With Squid & Axelar

dYdX v4 Enables 1-Click Onboarding With Squid & Axelar

September 21, 2023
4
Binance CEO “CZ” Summoned by US Court  

Tide Turns as Key Documents Unsealed

September 17, 2023
7
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • Metacade Announces Breakthrough Collaboration with Polygon Labs
  • SOL Exploded by 25% Weekly, Here are the Key Targets (Solana Price Analysis)
  • July 2023 Sees U.S. Narrow Fabric Import Decline by 3% to $99M

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?