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May 13, 2008

Wal-Mart (WMT) Sees Profit Spike

Spread betting and contracts for differences on individual equities
Walt-Mart, WMT, spread bets, spread bets stock market, spread betting, contracts for differences, CFDs, spread betting individual equities, individual equities
Spread bets and CFDs on the stock market should consider that some individual equities are doing well, despite what some see as a US recession. Among them is Wal-Mart (WMT). The company is seeing its profits spike. BloggingStocks reports on the success of Wal-Mart:

Wal-Mart explained its profit spike by saying that in response to tightening credit markets, insanely-high gas prices and the worse housing slump seen in over a quarter century, customers were "trading down" to shop at Wal-Mart.
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