Skip to main content

Cramer's strategy session: Don't bottom-fish in Walmart's stock just yet

By
Don't bottom-fish in Walmart's stock just yet   6 Hours Ago | 00:45   

CNBC's Jim Cramer was not a fan of Walmart's latest earnings report, and he wasn't shy about it in his "Voice of Cramerica" strategy session.

"I've got to tell you, I've spent a lot of time going over that Walmart quarter and I didn't like it. I didn't like the dramatic decline in e-commerce at all," the "Mad Money" host told a caller.

Walmart's fourth-quarter results, released Feb. 20, missed Wall Street's expectations as sales on Walmart.com waned.

The weakness in e-commerce overshadowed some of the retailer's more favorable results and put its ongoing battle with Amazon under a spotlight.

"I don't want you to bottom-fish yet in Walmart. I don't like the way it's going," Cramer said.

Walmart's stock closed Friday down 0.3 percent, at $88.77 a share.

But investors shouldn't sell high-quality stocks out of worry about the market's recent swings, the "Mad Money" host told a caller inquiring about selling her position in McDonald's.


Source :- cnbc
Labels:

Comments

Post a Comment

Popular posts from this blog

What Is an Investment?

By
 One reason numerous individuals come up short, even woefully, in the round of contributing is that they play it without understanding the principles that direct it.   homepage    It is an undeniable truth that you can't dominate a match in the event that you abuse its guidelines. Notwithstanding, you should know the guidelines before you will actually want to try not to abuse them. Another explanation individuals fall flat in contributing is that they play the game without understanding what is the issue here. This is the reason it is imperative to expose the significance of the term, 'venture'. What is a speculation? A venture is a pay creating significant. It is vital that you observe each word in the definition since they are significant in understanding the genuine importance of speculation.  From the definition above, there are two key highlights of a venture.  here Each belonging, having a place or property (of yours) should fulfill the two condition...
Post a Comment
Read more

GRS Ultra Usually, a bodily at your doctor's workplace will consist

By
Usually, a bodily at your doctor's workplace will consist of a fasting blood check. If your outcomes come of it has to preserve blood sugar in stability so this takes place with fantastic velocity). The bloodstream power and balancing the blood sugar ranges. Following are the pinnacle reasons for mobile partitions, the cells inside the frame start to emerge as immune to the insulin being produced. Insulin levels should with extra harm and greater Beta Cells destroyed - till you eventually reach the two hundred mg/dl blood sugar stage and are then categorised a diabetic. Of path, the truth which you insurance costs and scientific expenses will skyrocket, or worse, you can now not even qualify for insurance, may be the least of your issues. Individuals who eventually increase full blown Diabetes have intense headaches and, the medical world can keep you alive with drugs - but what sort of life is that?  http://snwelacademy.com/Classifieds/jobs/https-myhealthbeautyconcerns-...
Post a Comment
Read more

Aid convoy quits Syria enclave as regime presses onslaught

By
An international convoy has cut short its mission to Syria's rebel enclave of Eastern Ghouta after delivering desperately needed aid as the regime pounded the region, killing dozens as it seized more ground. At least 68 civilians were killed Monday, a monitor said, while dozens of United Nations trucks reached the main town of Douma, the first aid convoy to arrive since a bloody Russian-backed assault began more than two weeks ago. The government blocked medical supplies from the enclave rocked by an ongoing bombardment that has sparked outrage but little action from the West. The 46 aid trucks arrived after fresh air strikes hit the shrinking rebel-held zone and regime troops rapidly advanced, leaving them in control of 40 percent of the region. An AFP reporter in Douma said warplanes were flying overhead and explosions could be heard even as the aid was being unloaded. Source :- yahoonews
Post a Comment
Read more