Walmart Stock: Buy the Rip or Wait for the Dip?
Walmart(WMT) MarketBeat·2024-08-15 22:51
Walmart TodayWMTWalmart$73.36 +4.70 (+6.85%) 52-Week Range$49.85▼$74.44Dividend Yield1.13%P/E Ratio31.40Price Target$72.99Add to WatchlistWalmart NYSE: WMT share prices surged following the Q2 release in what amounts to a strong trend-following signal. The caution is that the market gapped strongly with the action, suggesting a pullback to reaffirm support is due. The takeaway for investors is that the Q2 results gave the market what it wanted, and higher share prices are likely, but volatility is also expe ...