February 21, 2023 @ 7:38 pm | Breaking News, WMT |
Today, February 21, Walmart (WMT) reported s 76% year-over-year jump in earnings to $1.71 a share. Wall Street analysts had forecast earnings of $1.52 a share for the fourth quarter. Revenue rose 7.3% to $164 billion. Comparable store sales gained 8.3%. The company...
November 14, 2022 @ 8:00 pm | Breaking News |
Expect a ton of earnings reports as third-quarter earnings season hits its stride. A few could even move a sector or maybe even the market as a whole. The biggie for the week, I’d argue, is Nvidia (NVDA) on Wednesday, November 16, after the market close. But...
August 16, 2022 @ 10:28 pm | Breaking News |
Walmart shares were up 5.11% today, August 16, at the close. I think it’s fair to call that a relief rally as the company beat lowered earnings and sales forecasts for fiscal second-quarter earnings today. And then confirmed its guidance for the second half of...
July 27, 2022 @ 7:02 pm | Breaking News |
My one-hundred-and-sixtieth YouTube video “Investing to beat the coming recession” went up today. I’m back, after a week’s hiatus. This week I’m sharing some thoughts about the market trials and tribulations of Snap (SNAP) and Alphabet...
July 26, 2022 @ 7:27 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, MCD |
With Walmart (WMT) shares down 7.74% as of noon New York time today, July 26, on the company’s warning yesterday about falling revenue, the pool of safe consumer stocks continues to shrink. Which is bad if you owned Walmart or Dollar General (DG), also down...
June 29, 2022 @ 11:43 pm | Breaking News, COST, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, PEP, WMT |
It’s not surprising given the greater than expected decline in U.S. first quarter GDP reported on Wednesday, which followed on the slump in consumer confidence reported Tuesday, that stocks in the consumer staples sector outperformed both consumer discretionary...
June 7, 2022 @ 7:42 pm | Breaking News, COST, Jubak Picks Portfolio, WMT |
Target (TGT) cut its profit outlook for the second time in three weeks. The company will attack oaring inventories in discretionary categories such as home furnishings with price mark downs, cancelling orders from vendors, and “off-loading excess inventory. (To...
May 18, 2022 @ 3:48 pm | Breaking News, COST, Jubak Picks Portfolio, WMT |
As of 3:30 p.m. Wednesday May 18 shares of Target (TGT) were down 25% for the day after the company reported a big earnings miss for the first quarter. Let’s be clear. The sales picture at Target was very positive for the quarter. Same store sales were up 3.3%...
April 5, 2022 @ 12:01 am | Breaking News, Jubak Picks Portfolio, WMT, You May Have Missed |
Tomorrow I will add shares of Walmart (WMT) to my Jubak Picks Portfolio. The stock is one of the 12 “Recession Picks” in my current Special Report: A Recession is Coming–Three Portfolio Strategies for a Recession; and 12 Recession Stock Picks on my...
November 16, 2021 @ 7:50 pm | Breaking News, Buy Hold Sell |
U.S. retail sales rose in October for a third month. The value of overall retail purchases increased 1.7% last month, the most in seven months, the Commerce Department said today, November 16. Excluding gas and motor vehicles, sales gained 1.4% in October. The figures...
August 18, 2020 @ 7:17 pm | Breaking News |
This morning, August 18, Walmart (WMT) reported that comparable store sales climbed 9.3% year over year for the company’s fiscal second quarter that ended on July 31. Sales for its e-commerce unit jumped 97% year over year. That was up from growth of 74% in the...
July 7, 2020 @ 7:34 pm | AMZN, Breaking News, WMT |
Walmart (WMT) will launch a new subscription service, Walmart+ later this month according to Recode.com. For $98 a year, a price comparable to Amazon Prime, subscribers will get same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas...
August 20, 2019 @ 7:34 pm | Breaking News, Buy |
As you know from my recent marketing offers for my subscription site JubakAM.com, I’ve put together a Special Report on that site with 5 steps to get your portfolio ready for the big one. I’ve finally finished my complete list of sells in Step #2 of...
February 27, 2019 @ 7:49 pm | Breaking News, Buy, Jubak Picks Portfolio, WMT |
Today February 27 I’m adding Wal-Mart (WMT) to my Jubak Picks Portfolio and making it the sixth pick in my Special Report: 10 stocks for an earnings recession on my JubakAM.com subscription site. Only 25% of Wal-Mart’s revenue currently come from outside...
February 19, 2019 @ 7:20 pm | Breaking News, You May Have Missed |
Remember last week when the Commerce Department released figures showing that U.S. retail sales fell 1.2% in December from the previous month, the most since 2009. The drop was so big that she Wall Street analysts argued that the data were in error. Today Was-Mart...
August 3, 2009 @ 8:30 am | Breaking News |
Give away the razor; make money on the razor blades. It’s a cherished business strategy popularized by companies such as Gillette. But how about Give away the computer; make money on computer covers? Heard that one yet? Well, it’s worked just fine at...