The Pullback in Walmart Stock: Is It a Buy Opportunity?
Walmart (WMT) stock has fallen 14.7% YTD (year-to-date) after some investors dumped it following the slowdown in its e-commerce sales in its fiscal fourth quarter of 2018. Walmart has taken several measures that are expected to accelerate digital sales. The graph shows that Walmart’s e-commerce sales increased 33% during the quarter, which was a much better growth rate than 23% in the fiscal fourth quarter of 2018.