FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our
"Question of the Day" right now.
TRADER RADAR Which stock should be on your screen? Follow the clues to solve this puzzle.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
EMERGING MONEY TOP 20
Fast Money's index for the world.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
 |
Wal-Mart [WMT
Loading...
()
] reports earnings Tuesday with analysts polled by Thomson Financial expecting a profit of 75 cents per share, on revenue of $93.22 billion. The world’s largest retailer is expected to benefit as customers begin spending their fiscal-stimulus checks.
One day ahead of earnings Citigroup raised its price target on Wal-Mart to $67 from $57, saying the stock's valuation should reflect a higher multiple to account for greater growth and profit opportunities from the company's streamlined international operations.
I agree with Citigroup, exclaims Jeff Make. Here’s why…
1. Brokers love to love Wal-Mart
2. The bar is set low
3. Wal-Mart has digested gains and grown into it’s multiple.
I think you can buy WMT on any dip, Macke says.
Wal-Mex is the biggest retailer in Mexico, adds Tim Seymour. That’s also a positive for this company.
I think Wal-Mart could have a 60-handle, adds Guy Adami.
I like Target [TGT
Loading...
()
] better, counters Pete Najarian, because I think they’ve got more growth ahead.
Check Out These Other Posts |
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On May 12, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (MSFT), (INTC), (ATVI); Najarian Owns (AAPL), (BKC), (ENER), (TSO), (XLF), (PDE), (DIS); Najarian Owns (AA) Calls, (C) Calls, (MSFT) Calls, (YHOO) Calls; Adami Owns (AGU), (BTU), (NUE), (C), (GS), (MSFT), (INTC); Seymour Owns (CSCO), (INTC), (MBI), (MER), (TSO); Seygem Asset Management Owns (VIP); NBC Universal Is The Parent Company Of CNBC
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes