Walmart Earnings Preview: Consolidation Trend Breakout Imminent Ahead of Results

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 43 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 53%

Amazon.Com Inc أخبار

Walmart Inc,Target Corporation

Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Amazon.com Inc, Walmart Inc, Target Corporation. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com

Stock price has consolidated in anticipation of financial data.The stock could break out of this consolidation in the coming days, driven by the company's first-quarter 2024 results, scheduled for release tomorrow before the opening bell.

Simultaneously, Walmart's management is targeting more affluent consumers by prominently displaying higher-quality, higher-priced items and launching its premium grocery brand, Bettergoods. Walmart is also focusing on electronic sales, which are growing by 17% annually, by expanding its digital fulfillment centers and launching early morning delivery services. It faces significant competition from Target in this segment.

The opposite scenario implies an attack at the previous ATH, targeting at least the $65 per share area.Search for the best stocks based on your expectations, taking into account hundreds of financial metrics.not to mention those we plan to add in the near future.The author does not own any of these shares. This content, which is prepared for purely educational purposes, cannot be considered as investment advice.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Netflix Earnings Preview: Password Crackdown, Ad Revenue to Drive Continued GainsStocks Analysis by Investing.com (Damian Nowiszewski) covering: Netflix Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »