How This Trader Is Approaching Walmart After Earnings

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Put a smile on your face. 

That's what happened with Real Money contributor Stephen Guilfoyle after he saw Real Money's Stock of the Day Walmart's (WMT) - Get Walmart Inc. Report earnings. 

"The fact that they're a retailer in this environment is just almost astounding. They're becoming much more competitive. You can lump them in with Target and with Amazon as, as the new leaders or maybe the old, they've been around a while, but they are the, they are the retailers with scale, with the, with technology, with, with the understanding of the customer database really. These are the ones that can move on," said Guilfoyle. 

"I'm trying to get long Walmart because I sold it a couple of weeks ago and now I want it back. Target's coming up. I, really want a piece of that I haven't gotten in yet, but I don't really want to expand the retail beyond these three names," he continued. 

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