Arguments for buying Walmart shares

08 September 2022 350
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Walmart's encouraging quarterly report and latest news on launching the online platform for further promotion, its business revival in South Africa and a joint preventive program with UnitedHealth for seniors are likely to boost the company's stock price.

From technical perspectives, the price has closed the gap from August 16, and it is ready to hit new highs. Confirmed engulfing and hammer patterns are also indicative of Walmart's growth.

This content is for informational purposes only and is not intended to be investing advice.

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