Walmart Share Price Forecast: Wal-Mart And Google Can Eventually Neutralize The Threat From Amazon and Whole Foods
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Walmart Share Price Forecast
Summary:- Amazon’s takeover of Whole Foods has received federal authority’s approval. Wal-Mart’s grocery business is now clearly under siege.
- However, Google’s help in voice-assisted smart online shopping could help Wal-Mart minimize the threat from Amazon/Whole Foods.
- WMT is relatively undervalued compared to its sector/industry peers. It is therefore suitable for value investors.
- With assistance from Google, Wal-mart online business could eventually improve to the point that Amazon will start feeling the pain.
- WMT enjoys positive near-term and long-term algorithmic forecasts.