Walmart Stock
Wanting to purchase Walmart (WTM) Stock? It seems that the Walmart stock has been down about 16 percent over the last twelve months and many shareholders are losing money due to this drop. The reasons that are said for this drp in is the fact that their customer service just isn't up to par, their merchandise is unacceptable and fails to bring in the higher income shoppers, as well as the stores are very unclean. Walmart has noticed this drop, but has not been able to bring sales up. The head executives are brainstorming on how their stores should be run. Talk of making the stores look more hip and have merchandise that will bring in the higher paying customers are at the top of their lists. Walmart's stock is still down, Target, their major competitor has jumped up 19 percent over the last year. This is thought to be caused by Target having better quality merchandise and they tend to attract the high spenders. Target has half as many stores as Walmart does and they are doing very well. They have great customer service, clean stores, and products that customers want all at a basically reasonable price. Walmart sales only grew about 2.9 percent last year and a little more than five percent in 2001. As the years pass, the percentage rate at which Walmart is growing is dropping and dropping fast. Even though the company does seem to be stuck in this downward falling slump, Walmart is still considered to be the number one retail store in America. Just last year they brought in ten million dollars in profit and have plans to open up a new store on a daily basis. Be sure you tread carefully when you are considering buying Walmart stock. Do your research and watch the rate at which is rises and falls. You can purchase shares of stock over the internet on web sites like sharebuilder.com, investorguide.com, and ameritrade.com. If you're still wondering whether or not Walmart stock is a good purchase it is on one side, but not on the other. This meaning that five years ago if you purchased Walmart stock; well that would've been a bad choice. Now, it is considered a good choice. Even though the stock is down, it does go back up and if you play your cards right, you could make a pretty good profit. Due to Walmart constantly opening new stores in rural areas, adding a grocery section, automotive service center, and gas stations, they are staying on top of the food chain. Increases are expected in the near future so if you are going to invest, do it carefully and do your research. You never can tell how it will go.
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