Wal-Mart (WMT) Offering Possible 40.85% Return Over the Next 22 Calendar Days

Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $149.00 short put and a strike $144.00 long put offers a potential 40.85% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $149.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $144.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Wal-Mart is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Wal-Mart is bullish.

The RSI indicator is at 69.33 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

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LATEST NEWS for Wal-Mart

Buyers of Walmart’s U.K. Brand Weigh Tying Funding to ESG Goals
Wed, 25 Nov 2020 08:38:22 +0000
(Bloomberg) — The buyers of Walmart Inc.’s U.K. arm are considering linking the interest rate on loans funding the acquisition to environmental, social and governance targets, according to people familiar with the matter.Private equity firm TDR Capital and billionaire brothers Mohsin and Zuber Issa plan to raise debt worth 3.65 billion pounds ($4.9 billion) to buy grocery chain Asda Group Ltd. A Barclays Plc-led bank group has started to sell some of the loans to bank lenders, and the rest — comprising bonds and loans — may be sold to investors early next year.Asda would add a high-profile name to the handful of sub-investment grade firms that have raised loans to date in Europe where the interest margin changes based on performance against ESG goals.Discussions around the use of an ESG pricing ratchet on Asda’s buyout loans are at an early stage and it’s not certain whether it will ultimately be used, the people said, asking not to be identified discussing private information.Representatives for Asda, the Issa brothers, TDR and Barclays declined to comment.Rapid GrowthThis form of lending has grown rapidly among investment-grade borrowers, but remains rare for companies that are bought by private equity sponsors and rated lower. Out of the $86 billion loans raised globally this year with ESG pricing ratchets, only $3.2 billion has come from junk-rated companies, data compiled by Bloomberg show.Other companies setting ESG targets on loans have based them on objectives such as emissions, recycling and water usage. Asda’s existing plans include cutting carbon emissions to zero by 2040 and halving waste production, according to a statement on its website.Last month the retailer opened its first sustainability store in the north of England with refill stations for cereal, coffee beans, pasta, shampoo and other goods, the company said. It also made a national promise to customers that loose and unwrapped products won’t be more expensive than wrapped.ESG ForerunnersFund managers are currently reviewing a leveraged loan deal for French food safety firm Kersia where pricing is tied to three ESG goals.Read more: French Borrower Offers Rare ESG Targets on Buyout Loan PaymentKersia’s interest payments stand to rise or fall by up to 7.5 basis points depending on whether it meets targets on packaging recycling, green products, and the number of employees owning shares.Borrowers can choose to apply an ESG ratchet to all or part of their loan facilities, as shown by Spanish telecommunications group Masmovil Ibercom SA, the first European company to sell ESG-linked leveraged loans.The company initially tied pricing on capital expenditure and revolving credit facilities raised in May 2019 to an ESG rating, Bloomberg previously reported. When it returned for fresh financing this year it applied a ratchet across all the loan facilities, including a 2.2 billion-euro term loan. That’s currently the largest junk-rated deal of its kind in Europe.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Venture Capitalists Discuss the Future of Gaming
Wed, 25 Nov 2020 03:36:00 +0000
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Andy Cross and Jason Moser about the latest headlines and earnings reports from Wall Street. They've got news on some retail stock gains, home improvement stocks falling despite posting profits, and a kitchenware and home furnishing giant that crushed earnings estimates and hit an all-time high.

4 Dow Jones Stocks Outperforming the S&P 500
Tue, 24 Nov 2020 22:53:34 +0000
Stocks to consider as Dow Jones eclipses historic 30,000 milestone

The Latest Unicorn Startup Is a Used Car Website in India
Tue, 24 Nov 2020 21:18:43 +0000
(Bloomberg) — India’s mass transit systems, unreliable even before the coronavirus pandemic, were shut off completely when the country locked down. As a result, Indians rushed to find alternative transportation, and that often meant used cars.A major beneficiary was Cars24 Services Pvt., an online marketplace for used cars based in Gurgaon, India. The company’s valuation jumped to more than $1 billion after a new round of funding, Cars24 plans to announce Tuesday. DST Global, an investment firm overseen by Russia-born billionaire Yuri Milner, led the $200 million deal.The investment doubles the total funds raised by Cars24 since the business was established five years ago. The chief executive officer and co-founder, Vikram Chopra, was an investment analyst early in his career at Sequoia Capital, one of the world’s most prominent venture capital firms and now a Cars24 investor. Chopra started Cars24 after having a hard time selling his Hyundai Accent before a temporary move to the U.S., he said. Daunted by the situation, he ended up giving his car to a friend instead, he said.By the middle of this year, Cars24 saw sales rise 20% from pre-lockdown levels. That followed some weeks in the spring when the site generated no revenue whatsoever. At first, Chopra thought the numbers reflected pent-up demand that would be short-lived but said sustained high levels of traffic to the site suggest otherwise.Cars24, which takes a cut of each transaction, is on track to generate estimated gross annual revenue of $600 million, Chopra said. “Our awareness among consumers has shot up dramatically,” he said. One area where he anticipates strong growth is in financing, which he said seven in 10 customers ask for but has traditionally been hard to arrange for secondhand cars.India’s pre-owned vehicle market is fragmented and dominated by mom-and-pop operations. Online retailers like Cars24, Droom and OLX, along with the automakers themselves, offer a more consistent buying experience, simplified paperwork and access to lenders. India lacks a system to establish fair values for used cars like Kelley Blue Book, making the process more complicated and opaque.As the pandemic drags on, trains and buses in Bangalore, Delhi and Mumbai have resumed service, but fear of contracting the virus is keeping many commuters away. Coronavirus cases in India surpassed 9 million; infections are soaring; and multiple cities are contemplating further lockdowns.For Cars24, the new investor brings, as its name implies, a global expertise. DST Global is based in Hong Kong and has backed a varied list of companies over the years, including Facebook Inc. and WhatsApp in the U.S. and Alibaba Group Holding Ltd. in China.In India, DST invested in the online shopping company Flipkart, which sold an 80% stake to Walmart Inc. two years ago in a transaction that valued the startup at about $20 billion, and built up the firm’s awareness of the challenges around online marketplaces in India. This year, DST invested in the country’s prominent education-tech startup, Byju’s. What made Cars24 stand out was its ability to handle so many steps, including remote inspections of vehicles, said Rahul Mehta, a Dubai-based managing partner at DST. “You have to be deep into operations,” he said. “These guys have done well.”(Updates with financing details in the fifth paragraph. A previous version corrected the nature of DST’s role in the deal.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Dow Jones Stocks To Buy And Watch In November 2020: Apple Tumbles Below Key Support Level
Tue, 24 Nov 2020 21:15:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in November 2020.

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