Walmart Stock Alert: Buy the Earnings Dip or Steer Clear?

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The Street

By Bret Kenwell Walmart stock is getting crushed after reporting earnings. Here’s the must-hold support area to watch now. Walmart (WMT) – Get Walmart Inc. Report stock is getting whacked on earnings, down 10% in Tuesday’s trading session. This is far from the reaction that bulls were looking for and given today’s decline, it likely far exceeds the worst-case scenarios that most investors may have been expecting. That’s particularly true as many consumer-staples companies like Procter & Gamble (PG) – Get Procter & Gamble Company Report and Johnson & Johnson (JNJ) – Get Johnson & Johnson Report…

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