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Walmart Loses Its Biggest Selling Point

(Yahoo) - 1 years, 3 months ago
 In 2017, Walmart Inc. (NYSE: WMT) demonstrated to investors that its business can stand up to online competition from Inc. ( AMZN). Now that online sales growth appears to be slowing, however, analysts are having a tough time finding reasons for investors to buy WMT stock. On Friday, Oppenheimer analyst Rupesh Parikh downgraded Walmart stock from "outperform" to "perform" and said there's no longer a reason to be excited about the stock....
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