Someone Should Thank Wal-Mart
This morning, Wal-Mart (WMT) reported a disappointing top line across all segments -- but we were braced for much worse considering the recently leaked internal company emails.
A domestic 1% comparison for the fourth quarter was not exactly inspiring, especially considering the all-important traffic metric turned negative for the first time in five quarters. What happened to all those price investments driving more people into the stores? After a leaked email that asked, "Where are all the customers?" (referring to January business), investors' minds were working overtime....176 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.