Is This Bad News for WMT Stock?
Wal-Mart Stores, Inc. (NYSE:WMT) is no longer the king of retail. Although WMT stock is still a behemoth, its position atop the food chain has been usurped by none other than Amazon.com, Inc. (NASDAQ:AMZN).
Or at least that's according to an analyst at Wells Fargo & Co (WFC).
Matt Nemer, a retail expert at WFC, recently shared some disturbing trends about Wal-Mart. According to data from FactSet and the U.S. Census Bureau, the company's share of retail growth has evaporated over the last 15 years. And WMT stock's decline coincided.
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Wal-Mart Stores, Inc. (NYSE:WMT) is no longer the king of retail. Although WMT stock is still a behemoth, its position atop the food chain has been usurped by none other than Amazon.com, Inc. (NASDAQ:AMZN).
Or at least that's according to an analyst at Wells Fargo & Co (WFC).
Matt Nemer, a retail expert at WFC, recently shared some disturbing trends about Wal-Mart. According to data from FactSet and the U.S. Census Bureau, the company's share of retail growth has evaporated over the last 15 years. And WMT stock's decline coincided.
Den vollständigen Artikel lesen ...