Bulls REASONS TO BUY
Bears REASONS TO SELL
December 05, 2013
(Jutia Group, 12/4/13)
[at Seeking Alpha] - Shares of Wal-Mart ( WMT ) have skyrocketed this year alone, soaring from $55/share in 2012 to its current $81/share....(read more)
(Jutia Group, 12/5/13)
[Reuters] - Shopping at Walmart (WMT) stores across the United States reached a fever pitch at 6 p.m. Thanksgiving Day, when employees across the United States...(read more)
(Wealth Daily, 11/21/13)
Before we all get back to bashing Walmart for being some kind of evil, uncaring corporate devil, let's take a closer look at the retailer and see if the company really is the sinister scrooge Ashton Kutcher has made it out to be.
Wal-Mart (WMT) Company Overview
Wal-Mart Stores, Inc. (NYSE: WMT) is the world's largest retailer and grocery chain by sales. Wal-Mart is so large that its almost 50% more than its 5 closest competitors combined, including Target (TGT) and Sears Holdings (SHLD). Because of its mammoth size and buying power, Wal-Mart can buy its products at rock-bottom prices, exchanging high purchase volumes for low cost while passing the savings onto its customers. Many suppliers give in to Wal-Mart's pressure because they depend on the discount retailer for a majority of their sales.
Conversely, however, Wal-Mart's reliance on Chinese-made imports makes the company vulnerable to a weakening dollar or strengthening of the Yuan. Wal-Mart purchases billions worth of merchandise directly from China every year with many of its other inventory from companies like Mattel (MAT) coming indirectly from China. In fact, if Wal-Mart were a country, its imports are so substantial that it would be China's sixth largest export country. A stronger Yuan means that Wal-Mart will have to pay more for its merchandise from China, an issue that threatens Wal-Mart's bottom line.(Read more at Wikinvest )
What's in this WMT analysis on Wikinvest...