Walmart is a 'top pick' in the retail sector: Analyst

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Walmart News

Daniela Bretthauer,Consumer Spending,Catalysts

As inflation remains relatively high, consumer spending has pulled back, with more shoppers prioritizing value for their everyday goods. HSBC US Consumer...

As inflation remains relatively high, consumer spending has pulled back, with more shoppers prioritizing value for their everyday goods . HSBC US Consumer Staples Senior Analyst Daniela Bretthauer joins Catalysts to explain why one retailer stands out as a top choice for consumers.), calling it a"top pick" in the retail sector ."I think the future of grocery shopping is becoming increasingly omnichannel. And Walmart is America's largest grocer.

So although the company is probably going to disclose the the fact of this year on year, calendar shift is still quite positive. Um And uh and so I think that they can still do quite well and grow, have a nice growth in earnings this year.All right, Daniella Brad Howard, thanks so much for joining us here this morning, Senior analyst of us, Consumer Staples at HS BC.If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...

The Canadian market has shown robust growth, with a 1.3% increase over the last week and a notable 9.1% rise over the past 12 months, alongside an optimistic forecast of annual earnings growth at 13%. In this context, identifying dividend stocks that offer stability and potential for consistent returns becomes particularly compelling.Baytex Energy Corp. Q1 2024 Earnings Call Transcript May 10, 2024 Baytex Energy Corp.

Daniela Bretthauer Consumer Spending Catalysts Everyday Goods Retail Sector

 

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