Walmart de Mexico (WALMEX.MX) is the largest division of Walmart outside of the United States. As of September 25, 2023, it has a market capitalization of 1.17 trillion MXN. With 2,804 stores across Mexico and Central America, it is a leading retailer in the region.
The company offers a wide range of products, including groceries, household items, and technology. Founded in 1952 by Jerónimo Arango, Walmart de Mexico has a rich history of providing affordable merchandise to customers. It went public in 1977 and is currently listed on the Mexican Stock Exchange. The company continues to expand its presence and enhance its offerings, serving as a prominent player in the retail industry.
Within the past 5 years, WALMEX's lowest stock price reached an all-time low of 46.560 MXN in December 2018. Fast-forward to April 2022 - it had its highest stock price ever at 82.930 MXN.
When it comes to trading strategies, traders could consider day trading, swing trading, copy trading, position trading or scalping trading, depending on their trading style. Day trading relies on making trades within a short time frame (usually a day), while swing trading focuses on trades that last a few days to a few weeks. Position trading involves holding onto the stock for a long period of time, while scalping trading is all about making quick trades that profit off of small price changes. Traders could also consider using technical analysis tools and indicators to better understand the stock's share price. For example, the Awesome Oscillator could be used to measure the momentum of the stock's price movements. Meanwhile, Moving Average Envelopes could be used to analyse the stock's long-term trends.
Walmart de Mexico's competitors include but not limited to:
- Fomento Economico Mexicano UBD (FEMSAUBD.MX): Fomento Economico Mexicano (FEMSA) is a Mexican conglomerate with diverse interests. It operates Coca-Cola FEMSA, one of the world's largest beverage companies, and OXXO, a prominent convenience store chain. FEMSA also holds a strategic stake in Heineken. With a strong presence in Mexico and Latin America, it is known for its commitment to corporate responsibility and sustainability.
- Amazon.com (AMZN.US): Amazon.com, Inc. is a global e-commerce and technology giant founded by Jeff Bezos. It dominates online retail, offering an extensive range of products and services. Amazon's innovations, like Amazon Prime and AWS, have reshaped industries. It has a vast international presence and is known for its customer-centric approach and disruptive impact on traditional retail.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.