The bullish DailyPlay for Tuesday, December 8th is Walmart Inc (WMT). WMT has experienced a 4.9% gain over the past month as price has pulled back in a bullish trend.
- Robust e-Commerce growth driven by expanded grocery delivery services and Walmart+ subscription service.
- $14.3B in cash provides strong thesis for continued dividend payment increases and share buybacks.
- Earnings: Feb 18 (72 Days)
- Pullback to $147.50 providing a good entry for a long exposure
- Bullish 6M trend
- Strong relative strength, technical score (7 out of 10)