Another company with big plans…
Walmart has another exciting feature for its online customers…
The rise of online shopping has been nothing short of meteoric. Even before the days of the pandemic, the shift in consumer traffic to e-commerce was noticeable. But the pandemic has led to an explosion of sales and money on a scale that many could have never expected. Companies without a solid e-commerce platform have spent massive amounts of time and money this year to improve their online shopping experience. From better website navigation to faster shipping – being the best in the e-commerce space had suddenly become the most important thing a business can do.
That’s why Amazon has seen so much success over the years. With a wide range of products and the fastest shipping out there – it’s no wonder the company has continued to expand year after year.
And now, Walmart is looking to keep up with the big names.
Where’s the money?
Walmart is attempting to solve one of the most significant issues the online shopping world has – the dreaded return process – with a new service.
The retailer announced recently that it would pick up items shipped and sold by Walmart.com from customers’ homes through a new partnership with FedEx (FDX). The incredibly convenient new service will be free and will be available even after the holiday season passes. They’re calling it “Carrier Pickup by FedEx,” and the process will be simple. Customers will initiate the return process on Walmart’s website or app, schedule a date for pickup, and print a label. Their package will then be picked up by a FedEx employee. And no worries if you don’t have a printer. You can head to any of the FedEx locations, and they will print it for you at no charge.
But I think that this plan is just the beginning of breakthroughs for Walmart. And here’s how I plan to profit off these future plans…
How do I get some?
This plan to improve its shipping process could not have come at a better time. Walmart’s U.S. online sales soared 79% in the most recent quarter. And they’re expecting even bigger and better numbers to come out of the holiday season.
And I, for one, am sharing their optimism.
Here’s the thing – Walmart is one of the few companies that has continued to do everything right during the pandemic – including putting their primary focus on making customers’ online shopping experience better.
In fact, I believe that this company has done such an excellent job over the last few months that they’re one of Amazon’s leading competitors. And with continued plans to improve their shipping and e-commerce platform, I know that they’ll continue to expand their business more and more over the months to come.
So, with that said, I’d be looking to buy Walmart on any pullback. Getting a piece of this evolving business will allow you to profit on all of its future plans and breakthroughs – putting you in a good spot for profits.
In the Spotlight: New relief is on the way…
The market, along with millions of Americans, have been waiting for months as Congress hammered out a deal for another round of stimulus on which both sides of the aisle could agree.
And the wait may finally be over soon…
Just hours before Congress is expected to pass a new $900 billion COVID-19 relief bill, Treasury Secretary Steve Mnuchin told reporters that “People are going to see this money at the beginning of next week.”
The bill – which includes a new round of $600 payments to individuals and an additional $284 billion for the Paycheck Protection Program for small businesses – comes as a big relief during a time when many Americans are struggling through the darkest hour of the pandemic.
This is a big win for the economy at a time when it desperately needed it. And with President elect Joe Biden characterizing these new measures as merely a down payment on further action, we can assume that even more efforts to stimulate the economy will occur in 2021 as we continue to battle the pandemic.
I’ll be keeping a sharp eye on the stocks best positioned to benefit from the ongoing stimulus. And I’ll be sure to keep you posted as we go along.
That’s Not the Only Opportunity on the Horizon…
Recently, my signature S.C.A.N. trading algorithm helped me identify three new plays just in time to help replenish my bank account after all that Christmas shopping…
Just like Walmart, these three companies have hit all-time highs during the pandemic.
I’ll reveal more about them, and the rest of the opportunities I have my eye on, tomorrow during my last 1450 Club trading session of the year.
Click right here to get on board.