Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

The Big Reason Why Walmart Stock Can Rally to $115

After several years of losing share, Walmart finally started fighting back against Amazon (NASDAQ:AMZN) by becoming more Amazon-like and it looked as if Walmart stock would follow. Amid all those positive developments, Walmart stock took off from $65 in early 2017, to $110 by early 2018. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. But, at $110 in early 2018, Walmart stock was ahead of itself. As such, despite reporting healthy numbers since then, the stock has largely just bounced around in the $80 to $100 range. Walmart is tapping Microsoft (NASDAQ:MSFT) and its own resources to develop cloud solutions aimed at improving a customer’s digital shopping experience on Walmart.com. As Amazon has built out its digital ad business, Walmart is following suit.

First found on: investorplace.com And then on: 1 other references

1 other references