Is anything going on with Walmart stock?

Question

My supervisor at Walmart was saying " I love Walmart stock. I would suggest you tell all your friends and relatives to buy it." The last time a supervisor said such a thing, I was working for Hills and Ames bought Hills so the stock went up until Ames went out of business a few years later. Just wondered if it is going to split or someone is going to buy them out..??

Answer 1

I'm sorry, but looking at a chart of Wal-mart, it seems to be doing fairly well so far, definately not getting killed as some would suggest.  At the beginning of this year, it started at about 47.50 a share, and got as high as 59.95.  It retraced itself a bit back to 56.85(as of Friday, July 25), but still not too bad.  The one nice thing about Walmart is that they do pay a fairly regular quarterly dividend.  As far as what is going to happen to Walmart, only time can tell, but seeing as how it's hard a pretty good year thus far based on its stock price, there are worse investments you could make.  Of course, if it gets to the point to where the company has a few bad earnings announcements, the stock could take a hit, but again, at this moment in time, it seems to be performing fairly well considering the circumstances

Answer 2

after the government passes out more checks, they will see another boost in revs

Answer 3

yes...target is killing it

Answer 4

Plus, a bad economy

Negative, too many stores (feeding off each other)