Tech will help drive Walmart higher

In the past few years, Walmart has built up its e-commerce retailing platforms as more consumers embrace online shopping. That includes making it easier for customers to order products online and pick them up at a nearby store.
As part of that strategy, Walmart recently agreed… Read More

Chipotle splits its stock 50-1

CHIPOTLE MEXICAN GRILL, $2,902.96, is a buy. The company (New York symbol CMG; TSINetwork Rating: Extra Risk) (Shares outstanding: 27.6 million; Market cap: $80.2 billion; No divid.) now plans to split its stock on a 50-for-one basis. This is the first stock split in Chipotle’s 30-year history. Chipotle’s shares are… Read More

CIBC poised to gain from lower rates

Elevated interest rates and inflation continue to force CIBC to put aside higher amounts to cover potential loan defaults. However, actual loan losses remain small. As well, it looks like interest rates will come down in 2024, which will let it reverse some of those… Read More