Caution on Wal-Mart as the focus turns to e-commerce

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

UBS removes Wal-Mart (WMT -0.2%) from its Most Preferred List.

The ratings action follows a general trend of caution on the Bentonville giant from Wall Street firms.

Wal-Mart's U.S. same-store sales have decreased for five quarters in a row which has increased the importance of growing the e-commerce business. Last year, the company reported online sales of $10B.