Walmart’s growth forecasts remain strong

Walmart’s growth forecasts remain strong

Higher selling prices led to a 2.4% revenue bump for this company during the most-recent quarter.

The company also expects cost pressures will ease as it cuts jobs and reduces excess inventories.

Meanwhile, the stock trades at 18.9 times the company’s 2022 earnings forecast.

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WALMART INC. (New York… Read More

Earnings just jumped 22% at Stantec Inc.

Earnings just jumped 22% at Stantec Inc.

Improved sales from recent acquisitions led to a 19.5% jump in revenue for this company during the most-recent quarter.

This engineering firm mainly focuses on designing and consulting services. That cuts its risk exposure to expensive cost overruns including those associated with unprofitable legacy projects.

Meanwhile, the… Read More

Investing in copper stocks can be profitable

Investing in copper stocks can be profitable

Investing in copper stocks works best for you when the focus is on well-established mining companies with high-quality reserves and sound finances
To succeed while investing in copper stocks, we continue to recommend that you cut your risk in the often-volatile resource sector—including copper—by investing mainly… Read More

FedEx’s earnings just jumped 29.6%

FedEx’s earnings just jumped 29.6%

Higher shipping rates led to a 9.9% jump in revenue for this company during the most-recent quarter despite lower package volumes.

The stock trades at 12.6 times the company’s 2022 earnings forecast.

FEDEX CORP. (New York symbol FDX; www.fedex.com) delivers packages and documents in the U.S. and… Read More