traderjoess

Walmart to Amazon prices 2k and beyond!!!

Long
NYSE:WMT   Walmart Inc.
I'm long term long this stock since 60$.

Walmart is a USA staple enterprise that’s proven its resiliency even in times of worldwide crisis, people still show up to work there and the public will still use the brick and mortar, drive thru, pick up, curb side and delivery.

I’ve noticed that when the stock market was tanking 10% in a day during first US scare of corona virus that Walmart stock was going up. This happened on more than one occasion during all three major indexes dips(which I paper traded a short on a particular Monday fantastically). Its my hypothesis that this stock may have been one of the best performing if not the best during those times(1 week bear stretch) sure the data is out there which stocks performed best at the beginning of US Covid crisis brief stock market melt down(which could continue south after current small recovery), but im not going to look it up.

Walmart will be bought by Amazon like Whole Foods, and then they will all become one on the blockchain.

Walmart to Amazon prices 2k and beyond!!!
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