Walmart is the worlds largest retailer and we all know that they have had their ups and downs. It was reported that recently the shareholders of Walmart have had a tough month with shares. The shares plunged nearly 10%! The blame for this was the slowdown in growth of online sales. With this fall and it’s reason it seems it is going to be a hard bid for Walmart online to catch up with Amazon.com online. The retailer expects earnings between $4.75 to $5.00 a share this year. The average estimate of Wall Street is $5.13. This pretty close in comparison. The biggest problem for Walmart is the slowdown of online orders. In October 2006 Dan Ferris recommended shares in the retail giant and the people took his advice and their money doubled over the next few years. However in February 2015 Dan Ferris closed the share recommendation because he felt that the shares would drop, and he was right. The shares fell 35% over the next several months. With that being said you may be surprised to hear that last fall Dan recommended share again in the retail giant. The giant projects 3% revenue growth this year. Dan feels the giant is finally on the right track because instead of trying to compete directly with Amazon online the giant is reaching to become a omnichannel retailer. This means that they appeal to you online giving you every bit of up to the minute catalog information and convenient service kiosk to get you into the store. Their is a popular view that all retail is going online, and brick and mortar are going out of style. According to Stansberry Research this is not true. They say roughly 90% of all US retail sales are still in stores. The online experience is a added value to already place your order and have the ease of picking up in store 2 hours later. Customers seem to gravitate to this more than having to wait for home delivery and paying delivery charges. According to research those who have share in the giant should not pull out but stay because the giant is doing extremely well. The giant is on it’s way to become Stansberry Research top pick of all time.
read more about stansberry research in the following link