After many hours busting my ass to get to 1,000 subs, youtube still demonitized me. Goodbye and good riddance you google juggernaut.
In this video, I do a complete breakdown of the Walmart Stock after the huge dip it had today. I also disclose whether I added it to my portfolio or not. Thanks for watching, and I can't wait to see what DTube can bring to the table! Please be sure to leave comments as I love interacting with viewers!
-Scott
Dividend Grinder
▶️ DTube
▶️ IPFS
youtube is dead. welcome to dtube
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Good overview. The warning signs were there before the earnings announcement. I just pulled together a buy:sell chart of Retail Sector (using SPDR Retail ETF XRT) and Walmart. This shows Walmart outperforming its sector until January 2018. The turnover was confirmed about a month ago. XRT is an equal weighted ETF - Walmart is in there but only about 1.5% of the total fund.
Now I am tempted by the 10% drop in price for a different reason. Walmart has an amazing network of stores across the country. They can leverage these as distribution hubs for an offline/online business to overtake Amazon's delivery promise. My understanding is they are working on it.
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Walmart has the free cash flow to attack Amazon, just not sure about the management team. I agreed with the chart you pictured above, the drop was coming and the earnings release was just a timing mechanism.
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