Walmart Stock in Free Fall: What Investors Should Do Now - Analysis from a Financial Expert

Walmart Stock in Free Fall: What Investors Should Do Now - Analysis from a Financial Expert

According to a report by www.boerse-online.de,

Walmart shares are down more than 7 percent this morning. But what is behind this sudden crash and how should investors react?

According to Bloomberg, the cause of the Walmart share crash is a surprisingly sharp decline in sales in the last two weeks of October. Walmart CFO, Rainey, says high interest rates and student loan debt in the U.S. are weighing on the business. Nevertheless, Walmart is cautiously optimistic, as US sales increased by 4.9 percent in the past quarter.

However, the market's reaction to this decline seems exaggerated, as Walmart continues to grow earnings per share and pays a dividend yield of 1.37 percent. BÖRSE ONLINE therefore recommends buying Walmart shares with a price target of 190 euros and a stop price of 120 euros.

It is now important for investors to monitor whether Walmart shares find support at the 200-day line. If this is the case, it could be a cheaper way to get started. Otherwise, it is advisable to wait for further developments.

These events could cause short-term volatility in the stock market, but in the long term, Walmart is expected to continue posting solid profits. Investors should therefore adjust their investment strategy accordingly and keep an eye on what is happening on the 200-day line.