United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Why Tariffs Shouldn't Worry Walmart Investors

Video Credit: The Street - Duration: 01:21s - Published < > Embed
Why Tariffs Shouldn't Worry Walmart Investors

Why Tariffs Shouldn't Worry Walmart Investors

Walmart is Real Money's Stock of the Day after the company announced earnings before the market opened.

Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS investing club broke down what he liked about the report and his thoughts on Walmart.

"I think really what they need to do is they just need to keep following their playbook and you know, they're doing things right.

E-commerce has been huge for them.

You know, they have a lot of new initiatives coming up.

We have the free next day shipping, which is, in my opinion, pretty revolutionary.

A lot of the buy online pick up in store grocery.

So as long as they keep playing by their playbook, I see no reason why that, that momentum that we're seeing on comp, same-store sales can continue," said Marks.

"And then, you know, tariffs are going to be another thing people are going to watch on with Walmart.

But please, I mean if you look at the commentary is putting out there today, there's still going to be the low-cost provider out there.

Everyday low prices when you shop at a Walmart store.

So I think the market is really kind of is being receptive to that today that maybe the consumer isn't gonna be as hurt as much as everyone is anticipating." Related.

Here's How I'm Trading Walmart Watch Jim Cramer's Daily NYSE Show and Replays Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Weak factory data weigh on Wall Street [Video]Weak factory data weigh on Wall Street

U.S. stocks fell Tuesday as investors worried about global growth prospects after data showed U.S. factory activity shrank in August for the first time since 2016 and the United States and China..

Credit: Reuters Studio     Duration: 01:15Published

The Week's Top Stories: Volatile Markets, Social Media China Crackdown [Video]The Week's Top Stories: Volatile Markets, Social Media China Crackdown

From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.

Credit: Cheddar Inc.     Duration: 02:49Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.