Walmart's Profit Expected to Drop.

Walmart CEO Doug McMillon spoke on Thursday.

He stated that the company will strive to keep

its prices as low as possible, but due to the tariffs,

this will put significant pressure on the company, and as a result, it will be

unable to absorb all this pressure due to the tight profit margin.

It is worth noting that the company previously announced its results for the first fiscal quarter,

achieving earnings per share of $0.61 and revenues of $165 billion, exceeding analysts' expectations.

From a technical standpoint:

The stock is moving in an uptrend after breaking the downtrend correction.

The stock has also been able to establish strong buying zones.

The stock is generally expected to continue rising, so it is preferable to

look for buying opportunities in case of a decline.

The best buying areas for the stock at the moment are the demand zones

located at the 86.19 level.

From there, a rise is expected to reach targets of 91.31 and 96.42, respectively.