Seeking Alpha
0
All posts from Seeking Alpha
Seeking Alpha in Seeking Alpha - Read, Decide, Invest.,

Investors Shouldn't Expect Wal-Mart To Go Higher In The Near Term

Last November, shares in Wal-Mart Stores, Inc (NYSE:WMT) finally broke through the $80 mark, which stood as an upper cap for 18 months since April 2013. The catalyst was Wal-Mart's Q3 2015 earnings results, showing top line quarterly growth in US and International net sales of about 5.5% and 1.7%, respectively. Quarterly diluted earnings per share gained one cent to $1.15 versus the $1.14 a share a year…