Gilford Securities is encouraged by the activity it saw at the Wal-Mart (WMT -0.3%) stores it...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor
Gilford Securities is encouraged by the activity it saw at the Wal-Mart (WMT -0.3%) stores it visited (primarily in Long Island). The firm thinks the visits suggest sales are "up significantly" from a year ago, in spite of the impact of Hurricane Sandy. Gilford is also pleased with Wal-Mart's strong Black Friday performance, believes food/consumables sales are benefiting from aggressive pricing, and thinks "apparel departments had a good sell-thru across much of the US."