Wal-Mart Stores Inc. (NYSE WMT) has the reputation of being a defensive stock, but lately the company has gone on the offensive. For that reason, it's a good candidate to break out of its recent slump and head higher.
Wal-Mart has been among the stocks to lose ground in the recent market correction. But with more than $400 billion in annual sales, the world's largest retailer is still one of the soundest plays an investor can make - particularly in times of uncertainty.
In the year and a half stretching from January 2008 to June 2009, Wal-Mart stock managed a 3.45% gain despite being interrupted by one of the worst stock market plunges in history.
Double-Dip Recession
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China's Exports Surprise Contradicts the Critics
Chinese exports in May posted a 50% gain over last year, blowing away estimates and suggesting that the risk of a Chinese economic slowdown is overblown, Reuters reported, citing anonymous sources.
China's official export numbers will be reported tomorrow (Thursday) as part of broader trade data, but had been expected to rise 32% year-over-year after recording 30.5% growth in April.
Chinese economic figures are often leaked widely in markets and government circles ahead of their official release, and are sometimes subject to last-minute revisions.
China's official export numbers will be reported tomorrow (Thursday) as part of broader trade data, but had been expected to rise 32% year-over-year after recording 30.5% growth in April.
Chinese economic figures are often leaked widely in markets and government circles ahead of their official release, and are sometimes subject to last-minute revisions.
Capital Wave Investing: How to Transform These Four Global Threats Into Portfolio Profits
U.S. investors can be excused for feeling as if the sky is falling right now. After all, there are a lot of falling objects crushing investor sentiment, consumer confidence, financial portfolios - and any hope that the U.S. stock market can generate the kind of returns that will ever make investors whole again.
But take heart: Even during a period that seems to be this dark, investors need to remember that all is not lost. Even with the threats that seem to dominate, the world now offers a new investing horizon - filled with new opportunities. Instead of staring into the abyss of an unknown future, investors can profit handsomely by identifying the key capital waves and macro trends and then using that knowledge to rebuild their portfolios from the top down.
Before that portfolio overhaul can begin, however, investors need to understand the specific challenges that they face in today's global stock markets.
But take heart: Even during a period that seems to be this dark, investors need to remember that all is not lost. Even with the threats that seem to dominate, the world now offers a new investing horizon - filled with new opportunities. Instead of staring into the abyss of an unknown future, investors can profit handsomely by identifying the key capital waves and macro trends and then using that knowledge to rebuild their portfolios from the top down.
Before that portfolio overhaul can begin, however, investors need to understand the specific challenges that they face in today's global stock markets.
To understand the top capital-wave-investing plays - read on...
Although President Obama Warns of a "Double-Dip" Recession, Money Morning Expects U.S. Recovery to Continue
In a warning that focuses on the need to contain the soaring federal deficit, U.S. President Barack Obama yesterday (Wednesday) said that a continued accumulation of government debt could be enough to blunt the recovery and then drop the U.S. economy into a “double-dip” recession. It was President Obama's most-severe warning yet about the dangers of growing budget deficits at a time when the U.S. unemployment rate is at 10.2% and climbing. The comments were made to Fox News during an interview granted in Beijing during the president's nine-day trip through Asia.
Investors Needn't Fear a Double-Dip Recession
A new report contains some very good news for investors: Double-dip recessions are very rare. That means that a drop back into recessionary conditions looks less and less likely even as unemployment creeps higher and has crossed the 10% threshold for the first time in a quarter century. After reviewing U.S. economic history all the […]