Walmart Stock Extending Higher – Elliott Wave Trend Forecast

Walmart (NYSE: WMT) is the world’s largest company by revenue as well as the largest private employer in the world with 2.3 million employees. It’s an American multinational retailing corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. Despite being the biggest physical retailer in the world, Wal-Mart is still trailing back in e-commerce business as there is increased competition from online retailers in particular Amazon (NASDAQ: AMZN) which continues to gain market share as the world is merging to online shopping.
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