Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, January 22, 2016

Article Excerpt

PLEASE NOTE: Today, Pat McKeough revealed his Top 3 Aggressive Stocks of the Year in Stock Pickers Digest. You can still be among the first to see these picks and act on his recommendations. And you can save on a full year of Pat’s top stock recommendations in Stock Pickers Digeststarting with a 30-day free trial. Choose your best price now WAL-MART STORES INC., $62.68, New York symbol WMT, is closing 269 of its less profitable stores; it currently has 11,600 outlets worldwide. Of the total, 154 will be in the U.S., including all 102 of its smaller Walmart Express locations. The remaining 115 are in other countries, including 60 in Brazil. The company expects this one-time charge to cut its earnings by $0.20 to $0.22 a share. It will likely earn $4.37 a share in its 2016 fiscal year, which ends January 31, 2016. The stock trades at a moderate 14.3 times that estimate. The closures will free up cash Wal-Mart can then use to…