Date Open High Low Close Volume Adj Close*
Nov 1, 2012 20.10 20.39 20.00 20.08 4,836,700 18.82
Oct 31, 2012 19.45 20.21 19.29 20.21 8,799,600 18.94
Mar 17, 2004 2.70 2.70 2.60 2.68 65,400 2.39
Mar 16, 2004 2.78 2.78 2.61 2.61 37,900 2.33
In a story dated April 22nd, Bloomberg headlined “Tesla Wants to Power Wal-Mart”. Of course, this got picked up by just about every “mainstream” news source, because… why? Oh right – next week, as we reported, Tesla’s got a big unveil of it’s Home/Utility Battery product. And they had to headline with something.
The Bloomberg piece reads like a series of tweets with a little embellishment – and may well be, but it does cover a lot of the salient points however superficially, and everyone’s acting like Wal-Mart is breaking news. Solar City, in conjunction with Tesla, started a pilot program with Wal-Mart in 2010 and expanded the program in 2012, with Tesla-branded storage. Granted, this “news” may be simply confirming that the pilot period is over, and the real program and agreements will begin.
Now 114 locations in USA !!!
Grocery growth illustrates that the retailer is winning back the US consumer. Groceries make up almost 60% of Wal-Mart's business.
WalMart has decided to better the consumer experience in its existing stores. I think this is a prudent move as it will lay the foundation of how new openings will operate.
E-commerce slowed to a 10% growth rate which was a disappointment. Grocery momentum should help e-commerce as they very much go hand in hand.
Wal-Mart hasn't had a good start in China with respect to its physical stores but e-commerce is where the company is now investing . If the company can gain online market share here, the growth rates should be high due to rising incomes and a lack of physical stores among all the major retailers.
Google guns for Amazon
Specifically, Google is entering the cloud computing business. The company best known for search pioneered the monetization of ads and is now looking for its next big revenue stream. It just hired Diane Greene, already a Google director, to head a new division that includes cloud computing and Google Apps. How much of a game changer could this be for Google and the cloud industry in general?
Walmart. ... predict that this firm will make just 4.78p profit per share, putting in on a P/E ratio of 35.75....at PRESENT =12
whereas AMZN trades at a P/E of 928.09x and forward P/E of 114.86x. The stock is valued at 43.57x EBITDA and 24.24x book value