Thread regarding Walmart layoffs

Recession proof your portfolio

Most experts are predicting a recessionary in 2023. Of course, Walmart stock is again, a great stock to buy.

Analysts expect WMT’s revenue for the fourth quarter (ending January 31, 2023) to increase 4.3% year-over-year to $158.08 billion, while its EPS is expected to amount to $1.50. It has surpassed the Street EPS estimates in three of the trailing four quarters. Over the past six months, the stock has gained 17.1% to close the last trading session at $143.60.

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| 1491 views | | 9 replies (last January 23, 2023) | Reply
Post ID: @OP+1kBfyhHJ

9 replies (most recent on top)

Ha ha ha ha ha. Thats so stupid.

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Post ID: @eifw+1kBfyhHJ

Come on Doug replace this guy with an AI. He's chased his tail more than half the puppies that ever where. Buy after the crash. Do not support a crashing stock price so that corporate can sell theirs with little loss. Clue, see if Walmart will give you an inflation adjusted bottom line.

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Post ID: @drsi+1kBfyhHJ

The previous post just goes to show you can’t prevent ignorance. The stock program allows you buy Walmart stock at a discount, which you can then sell (if you like), giving you opportunity to make extra profit. The 401k program gives you free money in the form of contribution matching. That’s the fact, Jack!!

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Post ID: @cuxp+1kBfyhHJ

The last two comments: HA HA HA HA HA What a set up. This will contribute to , You will own Nothing and be happy. Save up, watch the market crash, then buy if you dare. All store closings and layoffs begin at the corporate level.

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Post ID: @clam+1kBfyhHJ

The stock program and the 401k plan are wonderful ways to build some financial stability.

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Post ID: @bzwh+1kBfyhHJ

With an uncertain financial future potentially ahead, all Walmart associates should be in the Stock Program to buy company stock at a discount, and, be in the 401k to take advantage of the free money Walmart Will contribute to your 401k.

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Post ID: @8wdo+1kBfyhHJ

Actually, that’s not true. Usually, high end retailers such as Williams Sonoma will have a difficult time during a recession while low cost retailers typically do better. It’s just economics. Walmart is on track for a wonderful 4Q report in a few weeks.

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Post ID: @7zkj+1kBfyhHJ

During a recession, retailer stocks usually take a hit.

Let me guess you are the CFO

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Post ID: @7wca+1kBfyhHJ

Add some Kellogg’s to that.

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Post ID: @nme+1kBfyhHJ

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