Stock buybacks can provide a nice confidence boost for investors, indicating that the company is utilizing its excess cash and not just hoarding it. And in 2022, companies willing to let go of extra cash can be hard to find.
The average brokerage recommendation (ABR) for Walmart (WMT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Amazon (AMZN) opens its third Amazon Go store in Los Angeles to bolster its physical footprint.