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Should You Buy Walmart Inc (WMT) Stock on Monday?

Monday, October 25, 2021 01:50 PM | InvestorsObserver Analysts
Should You Buy Walmart Inc (WMT) Stock on Monday?

Overall market sentiment has been high on Walmart Inc (WMT) stock lately. WMT receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Walmart Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WMT!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With WMT Stock Today?

Walmart Inc (WMT) stock is trading at $150.24 as of 1:38 PM on Monday, Oct 25, a rise of $1.90, or 1.28% from the previous closing price of $148.34. The stock has traded between $148.01 and $150.52 so far today. Volume today is below average. So far 3,428,151 shares have traded compared to average volume of 7,140,511 shares.

More About Walmart Inc

America's largest retailer by sales, Walmart operated over 11,400 stores under 54 banners at the end of fiscal 2021, selling a variety of general merchandise and grocery items. Its home market accounted for 78% of sales in fiscal 2021, with Mexico and Central America (6%) and Canada (4%) its largest external markets. In the United States, around 56% of sales come from grocery, 32% from general merchandise, and 10% from health and wellness items. The company operates several e-commerce properties apart from its eponymous site, including Flipkart and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). Combined, e-commerce accounted for about 12% of fiscal 2021 sales. Click Here to get the full Stock Report for Walmart Inc stock.

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