Walmart Stock Goes to India
Wal-Mart Stores, Inc. (NYSE:WMT) surprised investors earlier this year when it acquired the online retailer Jet.com, Inc. It was a massive acquisition that cost shareholders a ton of cash, but it was done to fuel Walmart stock (WMT).
More importantly, it was the first step toward challenging Amazon.com, Inc. (NASDAQ:AMZN).
Walmart has no choice but to fight Amazon. It's their only option to keep WMT stock moving to the right and up, particularly in light of new shopping.
Den vollständigen Artikel lesen ...
Wal-Mart Stores, Inc. (NYSE:WMT) surprised investors earlier this year when it acquired the online retailer Jet.com, Inc. It was a massive acquisition that cost shareholders a ton of cash, but it was done to fuel Walmart stock (WMT).
More importantly, it was the first step toward challenging Amazon.com, Inc. (NASDAQ:AMZN).
Walmart has no choice but to fight Amazon. It's their only option to keep WMT stock moving to the right and up, particularly in light of new shopping.
Den vollständigen Artikel lesen ...