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Actionable news in WMT: WAL-MART STORES Inc,

Wal-Mart's Shipping Pass Won't Help It Beat Amazon

WMT recently introduced Shipping Pass as a way to compete with Amazon.

But it is just a watered down version of what Amazon already offers.

At more than 17 times earnings, WMT is very expensive.

I haven't been a big fan of Wal-Mart (NYSE:WMT) for some time now as investors have taken a company that is struggling to grow and bid the stock price up immensely. I don't have anything against Wal-Mart but it is painfully obvious it is losing to Amazon. As that company's sales continue to fly higher WMT is paring its store base...


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