Today, Zachary Curry commented about whether SYK-N, BIP.UN-T, JPM-N, DOL-T, JNJ-N, IPL-T, BMO-T, ENB-T, VET-T, DWDP-N, AAPL-Q, KEL-T, JPM-N, BNS-T, KEY-T, PLC-T, BAM-N, WMT-N, META-Q, CNR-T, KHC-Q are stocks to buy or sell.
He owns Amazon instead. Walmart has all the baggage of being an old-school retailer. Shifting to an internet model is a good thing and bringing in one day shipping is helpful, but the competition is fierce.
A great company and he is not surprised by yesterday's weakness. The company is in a very good space and is well run. Management has got the balance sheet in great balance. There is room to acquire and they have begun to move into the US. He expects the recent price action is short term profit taking.
(A Top Pick Jun 05/18, Down 7%) Slowing iPhone sales and there are concerns over consumer privacy with their products, but way safer than Facebook. He likes their cash holding and the dividend they pay. The membership service business is growing as well. He would buy on weakness.