After being the top Dow stock in 2008, Walmart’s shares have been one of the Dow index worst performing stocks this year. Investors who have seen their portfolio’s ravished over the last two years have been shifting into riskier investments with the hope of capitalizing on big gains as the economy recovers.
A strong April performance could produce earnings above the company’s guidance range.
Our checks show that while consumers are clearly looking to reduce their spending wherever possible, they continue to view McDonald’s as an attractive value option.
