Buy Walmart ? With TikTok - tapping to the younger demographics
Traditional retail business with not so traditional marketing. Brilliant choice by Walmart to look to expand its consumer from the younger demographics. Should you buy it?
$Walmart(WMT.US$ with strong balance sheet and trading below the fairvalue base on Simply Wall St. They are affected more due to the missed earning, but in the long run, this look like a good investment still.
Trading almost 30$ below its fair value, this will be a good buy. I believe that exposing themselves to a younger market with TikTok, if this is a success, the revenue will increase in the long run.
PS: Don’t bindly trust a GreenHorse🐎 and please do your own DD
PS: Don’t bindly trust a GreenHorse🐎 and please do your own DD
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