Buy, Sell, or Hold Walmart Stock After Q1 Earnings?
Reporting its Q1 results this morning, Walmart (WMT) was able to exceed expectations but warned that its prices will rise as the omnichannel retailer can’t avoid passing on the high costs of tariffs to its customers.The news didn’t cause a dent to the broader market’s continued rebound as the benchmark S&P 500 was up +0.41% on Thursday, although WMT was down half a percentage point. Walmart shares have been a pleasant hedge against market volatility and are up +7% this year, with the benchmark virtually fl ...