With Wal-Mart shares up 13.5% this year, is now a time to buy the stock?
Wal-Mart says it might scrap plans to open three new stores this week in response to a proposed minimum wage hike in Washington, DC.
Meanwhile, some good news for Twinkies fans: the nation's largest retailer will soon start stocking its shelves with the tasty treat.
With Wal-Mart shares up 13.5% this year, is now a time to buy the company's stock?
On CNBC's Closing Bell's Talking Numbers segment, CNBC contributor Abigail Doolittle, Technical Strategist at The Seaport Group analyzes the charts while John Stephenson, senior vice president and portfolio manager at First Asset Investment Management looks at the fundamentals.
Watch the video above to see their analysis of Wal-Mart.
[Disclosures: First Asset Investment Management owns shares of Wal-Mart.]
- Consumer Discretionary