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  • Is Wal-Mart Stock In Danger Of A Pullback? 0 comments
    May 21, 2013 12:33 AM

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    We all know that the stock market has moved up significantly over the past few months. The real question is: is the move up based on the belief that there is enough economic growth available for corporate earnings to continue rising, or is it simply due to a flow of funds?

    Let's analyze this question by taking a look at Wal-Mart Stores, Inc. (NYSE/WMT). Wal-Mart just released its forecast for second-quarter corporate earnings, which was less than most analysts had expected. The company now forecasts corporate earnings on a per-share basis for the second quarter to be $1.22-$1.27, lower than the average estimate by analysts of $1.29. (Source: "Walmart reports a 4.6 percent increase for Q1 EPS of $1.14; U.S. businesses forecast positive comp sales for Q2," Wal-Mart Stores, Inc. web site, May 16, 2013, accessed May 16, 2013.)

    What Others Are Reading : NYSE Holidays 2014

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