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INX:WMT, Aug 17, 03:50 UTC

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Walmart's Big Day Will Be Hard to Duplicate

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Shares of Walmart (WMT) had a banner day on Thursday, thanks to the retailer's beat-and-raise second-quarter earnings, but necessary changes require patience from investors. Where we were: Walmart's quarter harkened back to its glory days of 2017, as the retailing giant showed strong e-commerce growth and raised guidance. Where we're headed: Raymond James is slightly less bullish today, given the investments the company will have to make to maintain its dominance. Shares of Walmart (WMT) are taking a breather after their big post-earnings gains on Thursday, following a minor note of caution from Raymond James.

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Walmart Hikes Its Outlook After Customer Traffic Picks Up

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Investors had some significant worries about Walmart's (NYSE: WMT) business trends heading into its second-quarter earnings report. Its sales growth was underwhelming at its last quarterly outing, for one, and the company had also endured a discouraging slowdown in its e-commerce channel. But in its latest earnings announcement, the retailing titan put those two shareholder concerns to rest by posting some of its strongest growth in years. At the same time, Walmart lifted its outlook for the year on the top and bottom lines. E-commerce sales growth accelerated to 40% from 33% to stay right on pace with management's aggressive full-year target.

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Walmart Raises Guidance on Solid Fiscal Q2 Earnings

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In the second quarter, Walmart (WMT) topped analysts’ expectations for both sales and earnings. It reported robust numbers across all business verticals.

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Walmart (WMT) Catches Eye: Stock Jumps 9.3%

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Walmart Inc. WMT was a big mover last session, as the company saw its shares rise more than 9% on the day. The stock picked up sharply from the near-flat trend of $87.63 to $90.85 in the past one-month time frame.The move came after the company reported solid second-quarter fiscal 2019 results. Also, management raised its outlook for the fiscal year.The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.It's not the one you think.

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Walmart gets downgrade due to Flipkart's weight on profits for 'next couple of years': Raymond James

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Walmart gets downgrade due to Flipkart's weight on profits for 'next couple of years': Raymond James. Raymond James lowered its rating on Walmart stock to "outperform" from "strong buy" on Friday, pointing to the acquisition of Flipkart as a drag on future profit despite the retailer's recent strong report. "We cannot ignore the facts that Flipkart will likely weigh on consolidated operating earnings for the next couple of years," Raymond James analyst Budd Bugatch wrote in a note. While the firm has a "positive view" of Walmart's strategy, Bugatch says "there could be near-term choppiness and risk and market celebrations like the one on Thursday don't always provide a lasting change." The company's stock closed at $98.64 per share on Thursday, up 9.3 percent after it posted its highest domestic same-store sales growth in more than 10 years for its second quarter.

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Cramer Remix: The secret to Walmart’s blowout quarter lies within its own walls

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FANG, which stands for Facebook, Amazon, Netflix and Google, was coined by the "Mad Money" host himself to refer to the group of high-performing tech stocks. But given Thursday's market moves, Cramer thinks WANG – Walmart , Apple, Netflix and Google – might be the new group to watch. "That's a major effort on our part to ensure that the infrastructure is there to support electric vehicles and certainly, we sell the electricity to electric vehicles," Akins told CNBC's Jim Cramer. "But also, it really is an avenue for transportation, to make sure that it is accessible to everyone without having to go to a gas station, for example." While the Columbus-based company sees the alternative fuel vehicles as an opportunity, it cancelled another eco-friendly scheme, its Wind Catcher project. During Thursday's "Am I Diversified," CNBC's Jim Cramer weighed in on which technology stock investors should keep in their portfolios. While Cramer approved holding General Electric , Pfizer and Apple in the portfolio, he struck down Facebook and Sonos .

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Walmart family fortune surges

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The world's wealthiest family just got $11.6 billion richer thanks to Walmart's strong earnings #tictocnews https://bloom.bg/2Pd4zpo (Source: Bloomberg).

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Walmart Is Making a Play in India's Fintech Sector

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Walmart Inc (NYSE:WMT) stock is up 9.2% since it announced it was buying Flipkart, India’s biggest e-commerce company, on May 9. In an investor presentation, Walmart called India “a compelling growth market with long-term potential.”. The $16-billion deal cleared an important hurdle on Aug. 8, when the Competition Commission of India announced on Twitter Inc (NYSE:TWTR) that the deal had been approved. Through PhonePe, Walmart could end up with a big stake in India’s fintech sector. As PhonePe and Flipkart continue to grow and win market share in India, this should boost the price of WMT stock. As of this writing, Lucas Hahn did not hold a position in any of the aforementioned securities.

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Walmart and Symantec jump; JC Penney tumbles

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NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Thursday:. The retailer raised its annual forecasts after a strong second quarter and said its online sales grew at a faster pace. The department store cut its forecasts after it took a bigger loss and reported weaker sales than analysts expected. The technology company topped Wall Street's estimates in its fourth quarter and gave strong forecasts for the current period.

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