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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: Is Walmart Ready To Rebound?

Walmart NYSE Walmart Inc WMT
Kanata,,Canada,-,June,2,,2024:,Walmart,Retail,Store,Building

Trading in Walmart Inc. (NYSE:WMT) is quiet on Thursday. The stock is consolidating after trending lower over the past two weeks. But that may be about to change.

It is oversold and approaching support. These dynamics could set the stage for a reversal and rally. This is why Walmart is our Stock of the Day.

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