Walmart Stock: Failing To Live Up To Rich Multiples (NASDAQ:WMT)
· seekingalpha.com
Walmart faces valuation risk as high interest rates challenge its premium P/E multiples amid slowing US comp sales. Read why I downgraded WMT stock to Sell.
Right now, the stock market is figuring out how to adjust to a new normal: high interest rates. Yields have been so low for years that many market participants ...