More Downside in Store for Wal-Mart
By James Cramer
It's clear that Wal-Mart is vulnerable, and things are going to get worse before they get better for the retailer, says James J. Cramer. The competition that Wal-Mart faces from slicker, more consumer-friendly rivals is hurting Wal-Mart, even with its low prices. Wal-Mart will continue to suffer until it gets in someone who can merchandise or unless we get a nasty recession. Until then, this stock is a sell.
Thursday, May 12, 2005
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment