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MarketFoolery

Has Wal-Mart’s Turning Point Arrived?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 18 November 2015

⏱️ 21 minutes

🧾️ Download transcript

Summary

Wal-Mart rises on good results and an upbeat forecast. Home Depot’s sales continue to rise. Urban Outfitters decides the path to growth is paved with pizza restaurants. Bill Mann and Bill Barker from Motley Fool Funds analyze those stories and discuss the health benefits of coffee.

Transcript

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0:00.0

It's Tuesday, November 17th.

0:03.5

Welcome to the Market Foolery.

0:04.7

I'm Chris El joining me in studio today for Motley Full Funds, Bill Mann, and Bill Barker.

0:09.5

Thanks for being here guys.

0:11.0

Good to see you, man.

0:11.7

Thank you. Should we dial that up just a little bit?

0:16.0

No, no, no, we're good. Usually we're like a happy Tuesday. That's how that's the usual intro.

0:21.5

Hello Chris. You know it's it's pretty you're mixing it up today. That's the usual intro. Hello, Chris?

0:23.0

You know, it's pretty good.

0:24.0

You're mixing it up today.

0:25.0

I'm mixing it up.

0:26.0

You know who it's not a happy Tuesday for?

0:28.0

Urban Outfitters and anyone who owns that stock, which we will talk about shortly.

0:33.5

But we've also got some big retail earnings from Home Depot and Walmart.

0:37.1

Let's start with Walmart.

0:40.2

Third quarter profit, higher than expected, and I'll just start with you, Bill, man.

0:44.9

I said when this earning season began that the thing I was the most interested in was the guidance

0:49.8

that companies gave for the holiday quarter and Walmart pretty

0:54.5

upbeat for the holiday quarter. I have been a long time believer in Walmart and

1:01.3

I kind of jumped off that train a couple of months ago and I'm now

1:05.2

back on that train and it's not because of the earnings report it's not even

1:08.6

anything that Walmart has done it was the announcement that Amazon is going to open a retail store.

...

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