Excerpt from: Individual Equities CFDs and Spread Bets
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| May 13, 2008 | | Spread betting and contracts for differences on 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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