NEW YORK (TheStreet) -- Wal-Mart (WMT) is scheduled to report its second quarter earnings before the opening bell on Thursday. Based on the stock performance in recent market action, Wall Street is not expecting positive results as Wal-Mart is down for the last day, month, quarter, and year of market action. For 2014, Wal-Mart is off by more than 3% with the S&P 500 (SPY) up more than 5%.
Despite that, there are three reasons for long term investors to be bullish about Wal-Mart.
Even though it is the world’s largest retailer, Wal-Mart is adapting.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV