CNBC Fast Money October 10, 2017
Best day in more than a year, the stock surging to levels not seen since february of 2015, helping the dow to close at a record high, after the retail giant announced a 20 billion buyback. Online sales, according to analysts, will explode in the next year. With walmart trading about 20 times earnings, amazon trades at 250. The question here is, should investors start valuing it like a growing tech company in other words, what is walmart really worth guy . I cant speak to what the valuation should be. Thats what the street is struggling with. They did say online sales will increase by 40 next y...