{"id":324205,"date":"2025-07-31T12:41:46","date_gmt":"2025-07-31T12:41:46","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/should-i-buy-walmart-stock-2\/"},"modified":"2025-07-31T12:41:46","modified_gmt":"2025-07-31T12:41:46","slug":"should-i-buy-walmart-stock","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/should-i-buy-walmart-stock\/","title":{"rendered":"T\u00f4i C\u00f3 N\u00ean Mua C\u1ed5 Phi\u1ebfu Walmart: Ph\u00e2n T\u00edch Chuy\u00ean Gia V\u01b0\u1ee3t Qua C\u00e1c Ch\u1ec9 S\u1ed1 B\u1ec1 M\u1eb7t"},"content":{"rendered":"<div id=\"root\"><div id=\"wrap-img-root\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":45,"featured_media":324189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[28,39,45],"class_list":["post-324205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading","tag-investment","tag-platform","tag-stock"],"acf":{"h1":"Pocket Option H\u1ecdc: T\u00f4i C\u00f3 N\u00ean Mua C\u1ed5 Phi\u1ebfu Walmart Kh\u00f4ng?","h1_source":{"label":"H1","type":"text","formatted_value":"Pocket Option H\u1ecdc: T\u00f4i C\u00f3 N\u00ean Mua C\u1ed5 Phi\u1ebfu Walmart Kh\u00f4ng?"},"description":"Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 vi\u1ec7c li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart th\u00f4ng qua c\u00e1c t\u1ef7 s\u1ed1 t\u00e0i ch\u00ednh, v\u1ecb th\u1ebf c\u1ea1nh tranh v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n. Pocket Option cung c\u1ea5p c\u00e1c m\u00f4 h\u00ecnh to\u00e1n h\u1ecdc \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 th\u00f4ng minh h\u01a1n.","description_source":{"label":"Description","type":"textarea","formatted_value":"Ph\u00e2n t\u00edch to\u00e0n di\u1ec7n v\u1ec1 vi\u1ec7c li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart th\u00f4ng qua c\u00e1c t\u1ef7 s\u1ed1 t\u00e0i ch\u00ednh, v\u1ecb th\u1ebf c\u1ea1nh tranh v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n. Pocket Option cung c\u1ea5p c\u00e1c m\u00f4 h\u00ecnh to\u00e1n h\u1ecdc \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 th\u00f4ng minh h\u01a1n."},"intro":"Quy\u1ebft \u0111\u1ecbnh c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o t\u1eadp \u0111o\u00e0n b\u00e1n l\u1ebb kh\u1ed5ng l\u1ed3 Walmart hay kh\u00f4ng \u0111\u00f2i h\u1ecfi nhi\u1ec1u h\u01a1n l\u00e0 ch\u1ec9 nh\u00ecn v\u00e0o gi\u00e1 c\u1ed5 phi\u1ebfu hi\u1ec7n t\u1ea1i ho\u1eb7c theo d\u00f5i t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng. Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u n\u00e0y xem x\u00e9t ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a Walmart th\u00f4ng qua c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 ti\u00ean ti\u1ebfn, c\u00e1c ch\u1ec9 s\u1ed1 \u0111\u1ecbnh v\u1ecb c\u1ea1nh tranh v\u00e0 c\u00e1c ch\u1ec9 s\u1ed1 t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n m\u00e0 h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb th\u01b0\u1eddng b\u1ecf qua. H\u00e3y kh\u00e1m ph\u00e1 khung to\u00e1n h\u1ecdc c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n quy\u1ebft \u0111\u1ecbnh li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng.","intro_source":{"label":"Intro","type":"text","formatted_value":"Quy\u1ebft \u0111\u1ecbnh c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o t\u1eadp \u0111o\u00e0n b\u00e1n l\u1ebb kh\u1ed5ng l\u1ed3 Walmart hay kh\u00f4ng \u0111\u00f2i h\u1ecfi nhi\u1ec1u h\u01a1n l\u00e0 ch\u1ec9 nh\u00ecn v\u00e0o gi\u00e1 c\u1ed5 phi\u1ebfu hi\u1ec7n t\u1ea1i ho\u1eb7c theo d\u00f5i t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng. Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u n\u00e0y xem x\u00e9t ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a Walmart th\u00f4ng qua c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 ti\u00ean ti\u1ebfn, c\u00e1c ch\u1ec9 s\u1ed1 \u0111\u1ecbnh v\u1ecb c\u1ea1nh tranh v\u00e0 c\u00e1c ch\u1ec9 s\u1ed1 t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n m\u00e0 h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb th\u01b0\u1eddng b\u1ecf qua. H\u00e3y kh\u00e1m ph\u00e1 khung to\u00e1n h\u1ecdc c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n quy\u1ebft \u0111\u1ecbnh li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng."},"body_html":"<h2>\u0110\u1ecbnh Gi\u00e1 \u0110\u1ecbnh L\u01b0\u1ee3ng: V\u01b0\u1ee3t Qua C\u00e1c Ch\u1ec9 S\u1ed1 Gi\u00e1 C\u01a1 B\u1ea3n<\/h2> Khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 h\u1ecfi \"t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng,\" h\u1ecd th\u01b0\u1eddng xem x\u00e9t c\u00e1c ch\u1ec9 s\u1ed1 \u0111\u01a1n gi\u1ea3n nh\u01b0 t\u1ef7 l\u1ec7 P\/E ho\u1eb7c bi\u1ebfn \u0111\u1ed9ng gi\u00e1 g\u1ea7n \u0111\u00e2y. Ph\u00e2n t\u00edch b\u1ec1 m\u1eb7t n\u00e0y kh\u00f4ng th\u1ec3 n\u1eafm b\u1eaft \u0111\u01b0\u1ee3c ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 th\u1ef1c s\u1ef1 c\u1ee7a Walmart. M\u1ed9t \u0111\u00e1nh gi\u00e1 to\u00e0n di\u1ec7n \u0111\u00f2i h\u1ecfi ph\u1ea3i xem x\u00e9t nhi\u1ec1u ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 v\u00e0 hi\u1ec3u c\u00e1ch ch\u00fang giao thoa v\u1edbi m\u00f4 h\u00ecnh kinh doanh c\u1ee7a c\u00f4ng ty. <h3>C\u00e1c T\u1ef7 L\u1ec7 \u0110\u1ecbnh Gi\u00e1 N\u00e2ng Cao v\u00e0 C\u00e1ch Gi\u1ea3i Th\u00edch Ch\u00fang<\/h3> C\u00e1c ch\u1ec9 s\u1ed1 \u0111\u1ecbnh gi\u00e1 truy\u1ec1n th\u1ed1ng cung c\u1ea5p m\u1ed9t \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u, nh\u01b0ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tinh vi n\u00ean ph\u00e2n t\u00edch Walmart qua nhi\u1ec1u l\u0103ng k\u00ednh. B\u1ea3ng sau so s\u00e1nh c\u00e1c t\u1ef7 l\u1ec7 ch\u00ednh c\u1ee7a Walmart v\u1edbi trung b\u00ecnh ng\u00e0nh v\u00e0 d\u1eef li\u1ec7u l\u1ecbch s\u1eed: <div class=\"table-container\"> <table> <thead> <tr> <th>Ch\u1ec9 S\u1ed1 \u0110\u1ecbnh Gi\u00e1<\/th> <th>Walmart (WMT)<\/th> <th>Trung B\u00ecnh Ng\u00e0nh<\/th> <th>Trung B\u00ecnh 5 N\u0103m WMT<\/th> <th>Gi\u1ea3i Th\u00edch<\/th> <\/tr> <\/thead> <tbody> <tr> <td>T\u1ef7 L\u1ec7 P\/E<\/td> <td>23.8<\/td> <td>21.5<\/td> <td>24.9<\/td> <td>H\u01a1i cao h\u01a1n trung b\u00ecnh ng\u00e0nh, th\u1ea5p h\u01a1n trung b\u00ecnh l\u1ecbch s\u1eed<\/td> <\/tr> <tr> <td>EV\/EBITDA<\/td> <td>13.2<\/td> <td>12.7<\/td> <td>11.9<\/td> <td>Cao h\u01a1n c\u1ea3 m\u1ee9c ng\u00e0nh v\u00e0 l\u1ecbch s\u1eed<\/td> <\/tr> <tr> <td>Gi\u00e1\/B\u00e1n H\u00e0ng<\/td> <td>0.76<\/td> <td>0.83<\/td> <td>0.69<\/td> <td>Hi\u1ec7u qu\u1ea3 doanh thu t\u1ed1t h\u01a1n so v\u1edbi \u0111\u1ed1i th\u1ee7<\/td> <\/tr> <tr> <td>Gi\u00e1\/D\u00f2ng Ti\u1ec1n T\u1ef1 Do<\/td> <td>19.3<\/td> <td>22.1<\/td> <td>18.7<\/td> <td>Hi\u1ec7u qu\u1ea3 t\u1ea1o d\u00f2ng ti\u1ec1n t\u1ed1t h\u01a1n so v\u1edbi \u0111\u1ed1i th\u1ee7<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 PEG<\/td> <td>2.8<\/td> <td>2.5<\/td> <td>3.2<\/td> <td>H\u01a1i \u0111\u1eaft so v\u1edbi k\u1ef3 v\u1ecdng t\u0103ng tr\u01b0\u1edfng<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c t\u1ef7 l\u1ec7 n\u00e0y cho th\u1ea5y Walmart c\u00f3 m\u1ed9t b\u1ee9c tranh \u0111\u1ecbnh gi\u00e1 h\u1ed7n h\u1ee3p. Khi h\u1ecfi \"t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng,\" \u0111i\u1ec1u quan tr\u1ecdng l\u00e0 ph\u1ea3i hi\u1ec3u r\u1eb1ng trong khi m\u1ed9t s\u1ed1 ch\u1ec9 s\u1ed1 cho th\u1ea5y \u0111\u1ecbnh gi\u00e1 h\u1ee3p l\u00fd, nh\u1eefng ch\u1ec9 s\u1ed1 kh\u00e1c ch\u1ec9 ra r\u1eb1ng c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 \u0111ang giao d\u1ecbch \u1edf m\u1ee9c cao h\u01a1n so v\u1edbi ti\u00eau chu\u1ea9n l\u1ecbch s\u1eed. S\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y \u0111\u00f2i h\u1ecfi ph\u00e2n t\u00edch s\u00e2u h\u01a1n v\u1ec1 c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i th\u1ebf c\u1ea1nh tranh \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem m\u1ee9c cao h\u01a1n c\u00f3 h\u1ee3p l\u00fd kh\u00f4ng. <h2>Ph\u00e2n T\u00edch D\u00f2ng Ti\u1ec1n Chi\u1ebft Kh\u1ea5u: D\u1ef1 B\u00e1o Gi\u00e1 Tr\u1ecb T\u01b0\u01a1ng Lai<\/h2> M\u1ed9t trong nh\u1eefng c\u00e1ch to\u00e1n h\u1ecdc m\u1ea1nh m\u1ebd nh\u1ea5t \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng l\u00e0 th\u00f4ng qua m\u00f4 h\u00ecnh D\u00f2ng Ti\u1ec1n Chi\u1ebft Kh\u1ea5u (DCF). Ph\u00e2n t\u00edch DCF t\u00ednh to\u00e1n gi\u00e1 tr\u1ecb hi\u1ec7n t\u1ea1i c\u1ee7a c\u00e1c d\u00f2ng ti\u1ec1n t\u01b0\u01a1ng lai d\u1ef1 ki\u1ebfn, cho ph\u00e9p c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u00f3 th\u1ec3 so s\u00e1nh v\u1edbi gi\u00e1 th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i. <div class=\"table-container\"> <table> <thead> <tr> <th>Th\u00e0nh Ph\u1ea7n DCF<\/th> <th>\u01af\u1edbc T\u00ednh B\u1ea3o Th\u1ee7<\/th> <th>\u01af\u1edbc T\u00ednh C\u01a1 S\u1edf<\/th> <th>\u01af\u1edbc T\u00ednh L\u1ea1c Quan<\/th> <\/tr> <\/thead> <tbody> <tr> <td>T\u0103ng Tr\u01b0\u1edfng Doanh Thu CAGR 5 N\u0103m<\/td> <td>2.8%<\/td> <td>3.5%<\/td> <td>4.2%<\/td> <\/tr> <tr> <td>C\u1ea3i Thi\u1ec7n Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng<\/td> <td>0.1% h\u00e0ng n\u0103m<\/td> <td>0.2% h\u00e0ng n\u0103m<\/td> <td>0.3% h\u00e0ng n\u0103m<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 T\u0103ng Tr\u01b0\u1edfng Cu\u1ed1i K\u1ef3<\/td> <td>1.8%<\/td> <td>2.2%<\/td> <td>2.6%<\/td> <\/tr> <tr> <td>Chi Ph\u00ed V\u1ed1n B\u00ecnh Qu\u00e2n Gia Quy\u1ec1n<\/td> <td>7.5%<\/td> <td>7.0%<\/td> <td>6.5%<\/td> <\/tr> <tr> <td>Gi\u00e1 Tr\u1ecb N\u1ed9i T\u1ea1i M\u1ed7i C\u1ed5 Phi\u1ebfu<\/td> <td>$152<\/td> <td>$176<\/td> <td>$204<\/td> <\/tr> <\/tbody> <\/table> <\/div> Ph\u00e2n t\u00edch DCF cung c\u1ea5p m\u1ed9t lo\u1ea1t c\u00e1c gi\u00e1 tr\u1ecb ti\u1ec1m n\u0103ng d\u1ef1a tr\u00ean c\u00e1c gi\u1ea3 \u0111\u1ecbnh v\u1ec1 t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i nhu\u1eadn kh\u00e1c nhau. Khi xem x\u00e9t li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, h\u00e3y so s\u00e1nh c\u00e1c \u01b0\u1edbc t\u00ednh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i n\u00e0y v\u1edbi gi\u00e1 th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i. M\u1ed9t m\u1ee9c chi\u1ebft kh\u1ea5u \u0111\u00e1ng k\u1ec3 so v\u1edbi gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u00f3 th\u1ec3 \u0111\u1ea1i di\u1ec7n cho m\u1ed9t \u0111i\u1ec3m v\u00e0o h\u1ea5p d\u1eabn, trong khi m\u1ed9t m\u1ee9c cao h\u01a1n c\u00f3 th\u1ec3 g\u1ee3i \u00fd ch\u1edd \u0111\u1ee3i m\u1ed9t c\u01a1 h\u1ed9i t\u1ed1t h\u01a1n. C\u00e1c n\u1ec1n t\u1ea3ng giao d\u1ecbch chuy\u00ean nghi\u1ec7p nh\u01b0 Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 tinh vi \u0111\u1ec3 x\u00e2y d\u1ef1ng v\u00e0 ph\u00e2n t\u00edch c\u00e1c m\u00f4 h\u00ecnh DCF, cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 khung \u0111\u1ecbnh l\u01b0\u1ee3ng c\u1ea7n thi\u1ebft \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh th\u00f4ng minh v\u1ec1 c\u1ed5 phi\u1ebfu Walmart. <h3>Ph\u00e2n T\u00edch \u0110\u1ed9 Nh\u1ea1y: Hi\u1ec3u C\u00e1c Y\u1ebfu T\u1ed1 T\u00e1c \u0110\u1ed9ng \u0110\u1ebfn Gi\u00e1 Tr\u1ecb<\/h3> M\u1ed9t b\u01b0\u1edbc quan tr\u1ecdng trong vi\u1ec7c x\u00e1c \u0111\u1ecbnh xem b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng l\u00e0 x\u00e1c \u0111\u1ecbnh c\u00e1c bi\u1ebfn s\u1ed1 n\u00e0o \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 nh\u1ea5t \u0111\u1ebfn \u0111\u1ecbnh gi\u00e1. B\u1ea3ng \u0111\u1ed9 nh\u1ea1y sau \u0111\u00e2y cho th\u1ea5y c\u00e1ch thay \u0111\u1ed5i trong bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng v\u00e0 WACC \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i m\u1ed7i c\u1ed5 phi\u1ebfu: <div class=\"table-container\"> <table> <thead> <tr> <th>Gi\u00e1 Tr\u1ecb N\u1ed9i T\u1ea1i<\/th> <th>WACC = 6.5%<\/th> <th>WACC = 7.0%<\/th> <th>WACC = 7.5%<\/th> <th>WACC = 8.0%<\/th> <\/tr> <\/thead> <tbody> <tr> <td>Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng +0.5%<\/td> <td>$221<\/td> <td>$194<\/td> <td>$171<\/td> <td>$152<\/td> <\/tr> <tr> <td>Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng C\u01a1 S\u1edf<\/td> <td>$204<\/td> <td>$176<\/td> <td>$152<\/td> <td>$132<\/td> <\/tr> <tr> <td>Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng -0.5%<\/td> <td>$187<\/td> <td>$158<\/td> <td>$134<\/td> <td>$113<\/td> <\/tr> <\/tbody> <\/table> <\/div> Ph\u00e2n t\u00edch \u0111\u1ed9 nh\u1ea1y n\u00e0y cho th\u1ea5y r\u1eb1ng ngay c\u1ea3 nh\u1eefng c\u1ea3i thi\u1ec7n nh\u1ecf trong bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng c\u0169ng c\u00f3 th\u1ec3 t\u0103ng \u0111\u00e1ng k\u1ec3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a Walmart. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u1ee7a Pocket Option c\u00f3 th\u1ec3 m\u00f4 h\u00ecnh h\u00f3a c\u00e1c \u0111\u1ed9 nh\u1ea1y n\u00e0y \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c y\u1ebfu t\u1ed1 quan tr\u1ecdng nh\u1ea5t khi quy\u1ebft \u0111\u1ecbnh li\u1ec7u h\u1ecd c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. <h2>Ph\u00e2n T\u00edch V\u1ecb Th\u1ebf C\u1ea1nh Tranh: Th\u1ecb Ph\u1ea7n v\u00e0 Ch\u1ec9 S\u1ed1 Moat<\/h2> Ngo\u00e0i c\u00e1c t\u1ef7 l\u1ec7 t\u00e0i ch\u00ednh, hi\u1ec3u v\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a Walmart l\u00e0 r\u1ea5t quan tr\u1ecdng khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. Kh\u1ea3 n\u0103ng c\u1ee7a c\u00f4ng ty trong vi\u1ec7c duy tr\u00ec v\u00e0 t\u0103ng th\u1ecb ph\u1ea7n \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n. <div class=\"table-container\"> <table> <thead> <tr> <th>Ch\u1ec9 S\u1ed1 C\u1ea1nh Tranh<\/th> <th>Walmart<\/th> <th>Amazon<\/th> <th>Target<\/th> <th>Costco<\/th> <\/tr> <\/thead> <tbody> <tr> <td>Th\u1ecb Ph\u1ea7n B\u00e1n L\u1ebb M\u1ef9<\/td> <td>8.7%<\/td> <td>5.6%<\/td> <td>2.4%<\/td> <td>3.1%<\/td> <\/tr> <tr> <td>Doanh Thu Tr\u00ean M\u1ed7i Foot Vu\u00f4ng<\/td> <td>$471<\/td> <td>N\/A<\/td> <td>$343<\/td> <td>$1,374<\/td> <\/tr> <tr> <td>T\u0103ng Tr\u01b0\u1edfng Doanh S\u1ed1 C\u00f9ng C\u1eeda H\u00e0ng (Trung B\u00ecnh 3 N\u0103m)<\/td> <td>3.8%<\/td> <td>N\/A<\/td> <td>2.9%<\/td> <td>7.2%<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 T\u0103ng Tr\u01b0\u1edfng Th\u01b0\u01a1ng M\u1ea1i \u0110i\u1ec7n T\u1eed<\/td> <td>17%<\/td> <td>13%<\/td> <td>19%<\/td> <td>11%<\/td> <\/tr> <tr> <td>V\u00f2ng Quay H\u00e0ng T\u1ed3n Kho<\/td> <td>8.5x<\/td> <td>12.7x<\/td> <td>5.8x<\/td> <td>11.4x<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c ch\u1ec9 s\u1ed1 c\u1ea1nh tranh n\u00e0y cho th\u1ea5y v\u1ecb th\u1ebf th\u1ecb tr\u01b0\u1eddng th\u1ed1ng tr\u1ecb c\u1ee7a Walmart nh\u01b0ng c\u0169ng l\u00e0m n\u1ed5i b\u1eadt c\u00e1c l\u0129nh v\u1ef1c m\u00e0 \u0111\u1ed1i th\u1ee7 c\u00f3 l\u1ee3i th\u1ebf. Khi xem x\u00e9t li\u1ec7u t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean \u0111\u00e1nh gi\u00e1 li\u1ec7u chi\u1ebfn l\u01b0\u1ee3c chuy\u1ec3n \u0111\u1ed5i s\u1ed1 v\u00e0 \u0111a k\u00eanh c\u1ee7a c\u00f4ng ty c\u00f3 th\u1ec3 duy tr\u00ec th\u1ecb ph\u1ea7n tr\u01b0\u1edbc c\u00e1c \u0111\u1ed1i th\u1ee7 th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed thu\u1ea7n t\u00fay nh\u01b0 Amazon trong khi t\u1eadn d\u1ee5ng l\u1ee3i th\u1ebf c\u1eeda h\u00e0ng v\u1eadt l\u00fd c\u1ee7a m\u00ecnh. <h3>\u0110\u1ecbnh L\u01b0\u1ee3ng Moat Kinh T\u1ebf<\/h3> Moat kinh t\u1ebf c\u1ee7a Walmart\u2014c\u00e1c l\u1ee3i th\u1ebf c\u1ea1nh tranh b\u1ec1n v\u1eefng\u2014c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u0111\u1ecbnh l\u01b0\u1ee3ng th\u00f4ng qua m\u1ed9t s\u1ed1 ch\u1ec9 s\u1ed1 ch\u00ednh gi\u00fap tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi li\u1ec7u b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng: <ul> <li>L\u1ee3i nhu\u1eadn tr\u00ean v\u1ed1n \u0111\u1ea7u t\u01b0 (ROIC) so v\u1edbi Chi ph\u00ed v\u1ed1n b\u00ecnh qu\u00e2n gia quy\u1ec1n (WACC)<\/li> <li>Kh\u1ea3 n\u0103ng \u0111\u1ecbnh gi\u00e1 \u0111\u01b0\u1ee3c \u0111o l\u01b0\u1eddng b\u1eb1ng s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a bi\u00ean l\u1ee3i nhu\u1eadn g\u1ed9p<\/li> <li>L\u1ee3i th\u1ebf quy m\u00f4 \u0111\u01b0\u1ee3c \u0111\u1ecbnh l\u01b0\u1ee3ng th\u00f4ng qua t\u1ef7 l\u1ec7 chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng so v\u1edbi \u0111\u1ed1i th\u1ee7<\/li> <li>Gi\u00e1 tr\u1ecb th\u01b0\u01a1ng hi\u1ec7u v\u00e0 ch\u1ec9 s\u1ed1 trung th\u00e0nh c\u1ee7a kh\u00e1ch h\u00e0ng bao g\u1ed3m t\u1ef7 l\u1ec7 mua l\u1ea1i<\/li> <li>Ch\u1ec9 s\u1ed1 hi\u1ec7u qu\u1ea3 chu\u1ed7i cung \u1ee9ng bao g\u1ed3m v\u00f2ng quay h\u00e0ng t\u1ed3n kho v\u00e0 s\u1ed1 ng\u00e0y t\u1ed3n kho<\/li> <\/ul> <div class=\"table-container\"> <table> <thead> <tr> <th>Ch\u1ec9 S\u1ed1 Moat<\/th> <th>Walmart<\/th> <th>Trung B\u00ecnh Ng\u00e0nh<\/th> <th>Gi\u1ea3i Th\u00edch<\/th> <\/tr> <\/thead> <tbody> <tr> <td>ROIC - WACC Spread<\/td> <td>4.2%<\/td> <td>2.3%<\/td> <td>Hi\u1ec7u qu\u1ea3 v\u1ed1n v\u01b0\u1ee3t tr\u1ed9i, ch\u1ec9 ra moat m\u1ea1nh<\/td> <\/tr> <tr> <td>Bi\u1ebfn \u0110\u1ed9ng Bi\u00ean L\u1ee3i Nhu\u1eadn G\u1ed9p 5 N\u0103m<\/td> <td>0.7%<\/td> <td>1.5%<\/td> <td>Kh\u1ea3 n\u0103ng \u0111\u1ecbnh gi\u00e1 \u1ed5n \u0111\u1ecbnh m\u1eb7c d\u00f9 c\u00f3 \u00e1p l\u1ef1c c\u1ea1nh tranh<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 Chi Ph\u00ed Ho\u1ea1t \u0110\u1ed9ng<\/td> <td>19.7%<\/td> <td>22.4%<\/td> <td>L\u1ee3i th\u1ebf quy m\u00f4 chuy\u1ec3n th\u00e0nh hi\u1ec7u qu\u1ea3 chi ph\u00ed<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 Mua L\u1ea1i C\u1ee7a Kh\u00e1ch H\u00e0ng<\/td> <td>76%<\/td> <td>65%<\/td> <td>L\u00f2ng trung th\u00e0nh c\u1ee7a kh\u00e1ch h\u00e0ng m\u1ea1nh m\u1ebd h\u1ed7 tr\u1ee3 doanh thu \u1ed5n \u0111\u1ecbnh<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c ch\u1ec9 s\u1ed1 moat kinh t\u1ebf c\u1ee7a Walmart cho th\u1ea5y l\u1ee3i th\u1ebf c\u1ea1nh tranh \u0111\u00e1ng k\u1ec3. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00ean Pocket Option c\u00f3 th\u1ec3 t\u1eadn d\u1ee5ng c\u00e1c bi\u1ec7n ph\u00e1p \u0111\u1ecbnh l\u01b0\u1ee3ng n\u00e0y \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a m\u00f4 h\u00ecnh kinh doanh c\u1ee7a Walmart khi quy\u1ebft \u0111\u1ecbnh li\u1ec7u h\u1ecd c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. <h2>Ph\u00e2n T\u00edch \u0110\u1ed9ng L\u1ef1c T\u0103ng Tr\u01b0\u1edfng: X\u00e1c \u0110\u1ecbnh C\u00e1c Ngu\u1ed3n Doanh Thu T\u01b0\u01a1ng Lai<\/h2> Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, hi\u1ec3u c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng c\u1ee7a c\u00f4ng ty l\u00e0 r\u1ea5t quan tr\u1ecdng \u0111\u1ec3 d\u1ef1 b\u00e1o hi\u1ec7u su\u1ea5t t\u01b0\u01a1ng lai. C\u00e1c s\u00e1ng ki\u1ebfn t\u0103ng tr\u01b0\u1edfng c\u1ee7a Walmart tr\u1ea3i d\u00e0i tr\u00ean nhi\u1ec1u kh\u00eda c\u1ea1nh, m\u1ed7i kh\u00eda c\u1ea1nh c\u00f3 t\u00e1c \u0111\u1ed9ng ti\u1ec1m n\u0103ng v\u00e0 x\u00e1c su\u1ea5t th\u00e0nh c\u00f4ng kh\u00e1c nhau. <div class=\"table-container\"> <table> <thead> <tr> <th>S\u00e1ng Ki\u1ebfn T\u0103ng Tr\u01b0\u1edfng<\/th> <th>Quy M\u00f4 Th\u1ecb Tr\u01b0\u1eddng (T\u1ef7 USD)<\/th> <th>Th\u00e2m Nh\u1eadp Hi\u1ec7n T\u1ea1i C\u1ee7a Walmart<\/th> <th>Ti\u1ec1m N\u0103ng CAGR 5 N\u0103m<\/th> <th>H\u1ed3 S\u01a1 Bi\u00ean L\u1ee3i Nhu\u1eadn<\/th> <\/tr> <\/thead> <tbody> <tr> <td>M\u1edf R\u1ed9ng Qu\u1ed1c T\u1ebf<\/td> <td>$5,800<\/td> <td>3.2%<\/td> <td>4.5-6.0%<\/td> <td>Th\u1ea5p h\u01a1n M\u1ef9<\/td> <\/tr> <tr> <td>Th\u01b0\u01a1ng M\u1ea1i \u0110i\u1ec7n T\u1eed\/\u0110a K\u00eanh<\/td> <td>$4,200<\/td> <td>2.1%<\/td> <td>15-20%<\/td> <td>Ban \u0111\u1ea7u gi\u1ea3m, c\u1ea3i thi\u1ec7n<\/td> <\/tr> <tr> <td>D\u1ecbch V\u1ee5 Ch\u0103m S\u00f3c S\u1ee9c Kh\u1ecfe<\/td> <td>$850<\/td> <td>0.3%<\/td> <td>25-30%<\/td> <td>Cao h\u01a1n b\u00e1n l\u1ebb c\u1ed1t l\u00f5i<\/td> <\/tr> <tr> <td>D\u1ecbch V\u1ee5 T\u00e0i Ch\u00ednh<\/td> <td>$1,200<\/td> <td>0.5%<\/td> <td>12-18%<\/td> <td>Cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi c\u1ed1t l\u00f5i<\/td> <\/tr> <tr> <td>Qu\u1ea3ng C\u00e1o K\u1ef9 Thu\u1eadt S\u1ed1<\/td> <td>$350<\/td> <td>1.8%<\/td> <td>35-40%<\/td> <td>R\u1ea5t cao (70%+)<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng n\u00e0y mang l\u1ea1i c\u01a1 h\u1ed9i \u0111\u00e1ng k\u1ec3 cho Walmart m\u1edf r\u1ed9ng ra ngo\u00e0i kinh doanh b\u00e1n l\u1ebb truy\u1ec1n th\u1ed1ng c\u1ee7a m\u00ecnh. Khi xem x\u00e9t li\u1ec7u t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean \u0111\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng th\u1ef1c thi c\u1ee7a c\u00f4ng ty tr\u00ean c\u00e1c s\u00e1ng ki\u1ebfn n\u00e0y v\u00e0 \u0111\u00f3ng g\u00f3p ti\u1ec1m n\u0103ng c\u1ee7a ch\u00fang v\u00e0o t\u0103ng tr\u01b0\u1edfng t\u1ed5ng th\u1ec3 v\u00e0 m\u1edf r\u1ed9ng bi\u00ean l\u1ee3i nhu\u1eadn. C\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u00f3 s\u1eb5n th\u00f4ng qua Pocket Option c\u00f3 th\u1ec3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u00f4 h\u00ecnh h\u00f3a c\u00e1c k\u1ecbch b\u1ea3n t\u0103ng tr\u01b0\u1edfng kh\u00e1c nhau v\u00e0 x\u00e1c \u0111\u1ecbnh t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn \u0111\u1ecbnh gi\u00e1 t\u1ed5ng th\u1ec3 c\u1ee7a Walmart. <h2>Ph\u00e2n T\u00edch \u1ed4n \u0110\u1ecbnh T\u00e0i Ch\u00ednh v\u00e0 Ph\u00e2n B\u1ed5 V\u1ed1n<\/h2> \u1ed4n \u0111\u1ecbnh t\u00e0i ch\u00ednh v\u00e0 ph\u00e2n b\u1ed5 v\u1ed1n hi\u1ec7u qu\u1ea3 l\u00e0 nh\u1eefng y\u1ebfu t\u1ed1 quan tr\u1ecdng khi x\u00e1c \u0111\u1ecbnh li\u1ec7u b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. S\u1ee9c m\u1ea1nh b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n c\u1ee7a c\u00f4ng ty v\u00e0 chi\u1ebfn l\u01b0\u1ee3c tri\u1ec3n khai ti\u1ec1n m\u1eb7t \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn l\u1ee3i nhu\u1eadn d\u00e0i h\u1ea1n c\u1ee7a c\u1ed5 \u0111\u00f4ng. <div class=\"table-container\"> <table> <thead> <tr> <th>Ch\u1ec9 S\u1ed1 \u1ed4n \u0110\u1ecbnh T\u00e0i Ch\u00ednh<\/th> <th>Walmart<\/th> <th>Trung B\u00ecnh Ng\u00e0nh<\/th> <th>Gi\u1ea3i Th\u00edch<\/th> <\/tr> <\/thead> <tbody> <tr> <td>N\u1ee3\/EBITDA<\/td> <td>1.7x<\/td> <td>2.3x<\/td> <td>\u0110\u00f2n b\u1ea9y th\u1ea5p h\u01a1n, linh ho\u1ea1t t\u00e0i ch\u00ednh l\u1edbn h\u01a1n<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 B\u1ea3o Hi\u1ec3m L\u00e3i Su\u1ea5t<\/td> <td>10.8x<\/td> <td>7.5x<\/td> <td>Kh\u1ea3 n\u0103ng m\u1ea1nh m\u1ebd \u0111\u1ec3 ph\u1ee5c v\u1ee5 c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 B\u1ea3o Hi\u1ec3m Chi Ph\u00ed C\u1ed1 \u0110\u1ecbnh<\/td> <td>3.9x<\/td> <td>2.8x<\/td> <td>B\u1ea3o hi\u1ec3m tho\u1ea3i m\u00e1i cho t\u1ea5t c\u1ea3 c\u00e1c ngh\u0129a v\u1ee5 c\u1ed1 \u0111\u1ecbnh<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 Hi\u1ec7n H\u00e0nh<\/td> <td>0.86<\/td> <td>0.92<\/td> <td>H\u01a1i th\u1ea5p h\u01a1n ng\u00e0nh, nh\u01b0ng \u0111\u01b0\u1ee3c gi\u1ea3m thi\u1ec3u b\u1edfi v\u00f2ng quay h\u00e0ng t\u1ed3n kho<\/td> <\/tr> <tr> <td>L\u1ee3i Su\u1ea5t D\u00f2ng Ti\u1ec1n T\u1ef1 Do<\/td> <td>3.7%<\/td> <td>2.9%<\/td> <td>T\u1ea1o d\u00f2ng ti\u1ec1n v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi \u0111\u1ecbnh gi\u00e1<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c ch\u1ec9 s\u1ed1 \u1ed5n \u0111\u1ecbnh t\u00e0i ch\u00ednh c\u1ee7a Walmart nh\u00ecn chung cho th\u1ea5y m\u1ed9t b\u1ea3ng c\u00e2n \u0111\u1ed1i m\u1ea1nh m\u1ebd v\u1edbi \u0111\u00f2n b\u1ea9y v\u1eeba ph\u1ea3i v\u00e0 t\u1ef7 l\u1ec7 b\u1ea3o hi\u1ec3m m\u1ea1nh m\u1ebd. S\u1ee9c m\u1ea1nh t\u00e0i ch\u00ednh n\u00e0y cung c\u1ea5p m\u1ed9t bi\u00ean \u0111\u1ed9 an to\u00e0n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang xem x\u00e9t li\u1ec7u h\u1ecd c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, \u0111\u1eb7c bi\u1ec7t trong th\u1eddi k\u1ef3 suy tho\u00e1i kinh t\u1ebf. <h3>Hi\u1ec7u Qu\u1ea3 Ph\u00e2n B\u1ed5 V\u1ed1n<\/h3> C\u00e1ch Walmart tri\u1ec3n khai d\u00f2ng ti\u1ec1n m\u1eb7t \u0111\u00e1ng k\u1ec3 c\u1ee7a m\u00ecnh \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn l\u1ee3i nhu\u1eadn c\u1ee7a c\u1ed5 \u0111\u00f4ng. Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, h\u00e3y ph\u00e2n t\u00edch h\u1ed3 s\u01a1 ph\u00e2n b\u1ed5 v\u1ed1n c\u1ee7a c\u00f4ng ty: <div class=\"table-container\"> <table> <thead> <tr> <th>Ph\u00e2n B\u1ed5 V\u1ed1n (Trung B\u00ecnh 5 N\u0103m)<\/th> <th>S\u1ed1 Ti\u1ec1n (T\u1ef7 USD)<\/th> <th>% D\u00f2ng Ti\u1ec1n Ho\u1ea1t \u0110\u1ed9ng<\/th> <th>L\u1ee3i Nhu\u1eadn \u0110\u1ea7u T\u01b0<\/th> <\/tr> <\/thead> <tbody> <tr> <td>Chi Ph\u00ed V\u1ed1n<\/td> <td>$10.2<\/td> <td>38%<\/td> <td>11.5% (ROI tr\u00ean c\u1eeda h\u00e0ng m\u1edbi\/c\u1ea3i t\u1ea1o)<\/td> <\/tr> <tr> <td>C\u1ed5 T\u1ee9c<\/td> <td>$6.1<\/td> <td>23%<\/td> <td>1.8% l\u1ee3i su\u1ea5t<\/td> <\/tr> <tr> <td>Mua L\u1ea1i C\u1ed5 Phi\u1ebfu<\/td> <td>$5.8<\/td> <td>21%<\/td> <td>2.2% l\u1ee3i su\u1ea5t mua l\u1ea1i<\/td> <\/tr> <tr> <td>Mua L\u1ea1i<\/td> <td>$3.2<\/td> <td>12%<\/td> <td>9.6% (ROIC \u01b0\u1edbc t\u00ednh tr\u00ean mua l\u1ea1i)<\/td> <\/tr> <tr> <td>Gi\u1ea3m N\u1ee3<\/td> <td>$1.7<\/td> <td>6%<\/td> <td>4.3% (ti\u1ebft ki\u1ec7m l\u00e3i su\u1ea5t)<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1ch ti\u1ebfp c\u1eadn c\u00e2n b\u1eb1ng c\u1ee7a Walmart \u0111\u1ed1i v\u1edbi ph\u00e2n b\u1ed5 v\u1ed1n, v\u1edbi c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 \u0111\u00e1ng k\u1ec3 v\u00e0o c\u1ea3 s\u00e1ng ki\u1ebfn t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i nhu\u1eadn c\u1ed5 \u0111\u00f4ng, tr\u00ecnh b\u00e0y m\u1ed9t h\u1ed3 s\u01a1 h\u1ea5p d\u1eabn cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. C\u00e1c n\u1ec1n t\u1ea3ng nh\u01b0 Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 \u0111\u1ec3 ph\u00e2n t\u00edch c\u00e1ch thay \u0111\u1ed5i trong chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u1ed1n c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng lai khi xem x\u00e9t li\u1ec7u t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. <h2>Ti\u1ec1m N\u0103ng L\u1ee3i Nhu\u1eadn \u0110i\u1ec1u Ch\u1ec9nh R\u1ee7i Ro: \u0110\u1ecbnh L\u01b0\u1ee3ng Tr\u01b0\u1eddng H\u1ee3p \u0110\u1ea7u T\u01b0<\/h2> C\u00e2u h\u1ecfi cu\u1ed1i c\u00f9ng v\u1ec1 vi\u1ec7c li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng ph\u1ee5 thu\u1ed9c v\u00e0o l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro d\u1ef1 ki\u1ebfn c\u1ee7a n\u00f3 so v\u1edbi c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 thay th\u1ebf. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tinh vi s\u1eed d\u1ee5ng c\u00e1c m\u00f4 h\u00ecnh to\u00e1n h\u1ecdc \u0111\u1ec3 \u0111\u1ecbnh l\u01b0\u1ee3ng ti\u1ec1m n\u0103ng n\u00e0y. <h3>K\u1ebft Qu\u1ea3 M\u00f4 Ph\u1ecfng Monte Carlo<\/h3> S\u1eed d\u1ee5ng m\u00f4 ph\u1ecfng Monte Carlo v\u1edbi 10,000 l\u1ea7n l\u1eb7p l\u1ea1i d\u1ef1a tr\u00ean bi\u1ebfn \u0111\u1ed9ng l\u1ecbch s\u1eed, d\u1ef1 b\u00e1o t\u0103ng tr\u01b0\u1edfng v\u00e0 k\u1ecbch b\u1ea3n c\u1ea1nh tranh, ch\u00fang ta c\u00f3 th\u1ec3 t\u1ea1o ra c\u00e1c ph\u00e2n ph\u1ed1i x\u00e1c su\u1ea5t cho l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng lai c\u1ee7a Walmart: <div class=\"table-container\"> <table> <thead> <tr> <th>Ch\u1ec9 S\u1ed1 L\u1ee3i Nhu\u1eadn (Horizon 5 N\u0103m)<\/th> <th>Ph\u00e2n V\u1ecb 10<\/th> <th>Trung V\u1ecb (50)<\/th> <th>Ph\u00e2n V\u1ecb 90<\/th> <\/tr> <\/thead> <tbody> <tr> <td>L\u1ee3i Nhu\u1eadn T\u1ed5ng H\u00e0ng N\u0103m<\/td> <td>4.8%<\/td> <td>9.2%<\/td> <td>14.7%<\/td> <\/tr> <tr> <td>T\u1ef7 L\u1ec7 Sharpe<\/td> <td>0.31<\/td> <td>0.56<\/td> <td>0.88<\/td> <\/tr> <tr> <td>Gi\u1ea3m Gi\u00e1 T\u1ed1i \u0110a<\/td> <td>-28%<\/td> <td>-19%<\/td> <td>-12%<\/td> <\/tr> <tr> <td>X\u00e1c Su\u1ea5t V\u01b0\u1ee3t Tr\u1ed9i S&amp;P 500<\/td> <td>N\/A<\/td> <td>47%<\/td> <td>N\/A<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c k\u1ebft qu\u1ea3 m\u00f4 ph\u1ecfng n\u00e0y ch\u1ec9 ra r\u1eb1ng Walmart cung c\u1ea5p m\u1ed9t h\u1ed3 s\u01a1 l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro kh\u00e1 h\u1ea5p d\u1eabn, v\u1edbi l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn trung b\u00ecnh l\u00e0 9.2% trong kho\u1ea3ng th\u1eddi gian n\u0103m n\u0103m. Tuy nhi\u00ean, x\u00e1c su\u1ea5t v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi th\u1ecb tr\u01b0\u1eddng r\u1ed9ng l\u1edbn h\u01a1n l\u00e0 h\u01a1i d\u01b0\u1edbi 50%, cho th\u1ea5y Walmart c\u00f3 th\u1ec3 ph\u00f9 h\u1ee3p h\u01a1n nh\u01b0 m\u1ed9t y\u1ebfu t\u1ed1 \u1ed5n \u0111\u1ecbnh danh m\u1ee5c \u0111\u1ea7u t\u01b0 h\u01a1n l\u00e0 m\u1ed9t \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng ch\u00ednh. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng Pocket Option c\u00f3 th\u1ec3 ch\u1ea1y c\u00e1c m\u00f4 ph\u1ecfng t\u01b0\u01a1ng t\u1ef1 v\u1edbi c\u00e1c tham s\u1ed1 t\u00f9y ch\u1ec9nh \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem c\u1ed5 phi\u1ebfu Walmart c\u00f3 ph\u00f9 h\u1ee3p v\u1edbi c\u00e1c m\u1ee5c ti\u00eau \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3 v\u00e0 kh\u1ea3 n\u0103ng ch\u1ecbu r\u1ee7i ro c\u1ee7a h\u1ecd kh\u00f4ng. <h3>K\u00edch Th\u01b0\u1edbc V\u1ecb Th\u1ebf v\u00e0 T\u00edch H\u1ee3p Danh M\u1ee5c<\/h3> N\u1ebfu b\u1ea1n quy\u1ebft \u0111\u1ecbnh b\u1ea1n n\u00ean mua c\u1ed5 phi\u1ebfu Walmart, vi\u1ec7c x\u00e1c \u0111\u1ecbnh k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf ph\u00f9 h\u1ee3p trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n l\u00e0 r\u1ea5t quan tr\u1ecdng. Khung sau \u0111\u00e2y gi\u00fap t\u1ed1i \u01b0u h\u00f3a ph\u00e2n b\u1ed5 d\u1ef1a tr\u00ean \u0111\u00f3ng g\u00f3p r\u1ee7i ro: <ul> <li>T\u00ednh to\u00e1n t\u01b0\u01a1ng quan c\u1ee7a Walmart v\u1edbi c\u00e1c kho\u1ea3n n\u1eafm gi\u1eef hi\u1ec7n t\u1ea1i c\u1ee7a b\u1ea1n<\/li> <li>X\u00e1c \u0111\u1ecbnh bi\u1ebfn \u0111\u1ed9ng d\u1ef1 ki\u1ebfn c\u1ee7a Walmart so v\u1edbi danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n<\/li> <li>G\u00e1n k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf t\u1ef7 l\u1ec7 ngh\u1ecbch v\u1edbi bi\u1ebfn \u0111\u1ed9ng v\u00e0 t\u1ef7 l\u1ec7 thu\u1eadn v\u1edbi l\u1ee3i nhu\u1eadn v\u01b0\u1ee3t tr\u1ed9i d\u1ef1 ki\u1ebfn<\/li> <li>Xem x\u00e9t gi\u1edbi h\u1ea1n ti\u1ebfp x\u00fac ng\u00e0nh v\u00e0 y\u00eau c\u1ea7u \u0111a d\u1ea1ng h\u00f3a<\/li> <li>\u0110i\u1ec1u ch\u1ec9nh v\u1ecb th\u1ebf d\u1ef1a tr\u00ean m\u1ee9c \u0111\u1ed9 tin t\u01b0\u1edfng v\u00e0 th\u1eddi gian \u0111\u1ea7u t\u01b0<\/li> <\/ul> \u0110\u1ed1i v\u1edbi m\u1ed9t danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u00e2n b\u1eb1ng \u0111i\u1ec3n h\u00ecnh, c\u1ed5 phi\u1ebfu Walmart c\u00f3 th\u1ec3 \u0111\u1ea1i di\u1ec7n cho 2-4% t\u1ed5ng s\u1ed1 n\u1eafm gi\u1eef, c\u00f3 th\u1ec3 cao h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 t\u1eadp trung v\u00e0o thu nh\u1eadp ho\u1eb7c ph\u00f2ng th\u1ee7. C\u00e1c c\u00f4ng c\u1ee5 qu\u1ea3n l\u00fd danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a Pocket Option c\u00f3 th\u1ec3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed1i \u01b0u h\u00f3a v\u1ecb th\u1ebf Walmart c\u1ee7a h\u1ecd \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro t\u1ed1i \u0111a. <h2>Chi\u1ebfn L\u01b0\u1ee3c V\u00e0o L\u1ec7nh v\u00e0 C\u00e2n Nh\u1eafc K\u1ef9 Thu\u1eadt<\/h2> Ngay c\u1ea3 khi ph\u00e2n t\u00edch c\u01a1 b\u1ea3n cho th\u1ea5y b\u1ea1n n\u00ean mua c\u1ed5 phi\u1ebfu Walmart, vi\u1ec7c x\u00e1c \u0111\u1ecbnh th\u1eddi \u0111i\u1ec3m v\u00e0o l\u1ec7nh c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn l\u1ee3i nhu\u1eadn. Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt cung c\u1ea5p m\u1ed9t khung \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c \u0111i\u1ec3m v\u00e0o l\u1ec7nh thu\u1eadn l\u1ee3i. <div class=\"table-container\"> <table> <thead> <tr> <th>Ch\u1ec9 S\u1ed1 K\u1ef9 Thu\u1eadt<\/th> <th>\u0110\u1ecdc Hi\u1ec7n T\u1ea1i<\/th> <th>Ph\u00e2n V\u1ecb L\u1ecbch S\u1eed<\/th> <th>Gi\u1ea3i Th\u00edch<\/th> <\/tr> <\/thead> <tbody> <tr> <td>Ch\u1ec9 S\u1ed1 S\u1ee9c M\u1ea1nh T\u01b0\u01a1ng \u0110\u1ed1i (14 ng\u00e0y)<\/td> <td>62<\/td> <td>68th<\/td> <td>H\u01a1i mua qu\u00e1 m\u1ee9c nh\u01b0ng kh\u00f4ng c\u1ef1c \u0111oan<\/td> <\/tr> <tr> <td>\u0110\u01b0\u1eddng Trung B\u00ecnh H\u1ed9i T\u1ee5 Ph\u00e2n K\u1ef3<\/td> <td>+1.87<\/td> <td>73rd<\/td> <td>\u0110\u1ed9ng l\u01b0\u1ee3ng t\u00edch c\u1ef1c nh\u01b0ng \u0111ang ti\u1ebfp c\u1eadn kh\u00e1ng c\u1ef1<\/td> <\/tr> <tr> <td>\u0110\u1ed9 R\u1ed9ng D\u1ea3i Bollinger<\/td> <td>2.2<\/td> <td>35th<\/td> <td>Bi\u1ebfn \u0111\u1ed9ng d\u01b0\u1edbi trung b\u00ecnh, ti\u1ec1m n\u0103ng m\u1edf r\u1ed9ng ph\u1ea1m vi<\/td> <\/tr> <tr> <td>Gi\u00e1 so v\u1edbi \u0110\u01b0\u1eddng Trung B\u00ecnh 200 ng\u00e0y<\/td> <td>+7.8%<\/td> <td>82nd<\/td> <td>\u0110\u00e3 m\u1edf r\u1ed9ng tr\u00ean xu h\u01b0\u1edbng d\u00e0i h\u1ea1n<\/td> <\/tr> <tr> <td>Xu H\u01b0\u1edbng Kh\u1ed1i L\u01b0\u1ee3ng (20 ng\u00e0y so v\u1edbi 60 ng\u00e0y)<\/td> <td>-12%<\/td> <td>28th<\/td> <td>Kh\u1ed1i l\u01b0\u1ee3ng gi\u1ea3m c\u00f3 th\u1ec3 ch\u1ec9 ra \u0111\u1ed9ng l\u01b0\u1ee3ng suy y\u1ebfu<\/td> <\/tr> <\/tbody> <\/table> <\/div> C\u00e1c ch\u1ec9 s\u1ed1 k\u1ef9 thu\u1eadt hi\u1ec7n t\u1ea1i cho th\u1ea5y c\u1ed5 phi\u1ebfu Walmart c\u00f3 th\u1ec3 h\u01a1i m\u1edf r\u1ed9ng trong ng\u1eafn h\u1ea1n, c\u00f3 th\u1ec3 cung c\u1ea5p c\u00e1c \u0111i\u1ec3m v\u00e0o t\u1ed1t h\u01a1n khi gi\u00e1 gi\u1ea3m v\u1ec1 c\u00e1c m\u1ee9c h\u1ed7 tr\u1ee3. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng Pocket Option c\u00f3 th\u1ec3 thi\u1ebft l\u1eadp c\u1ea3nh b\u00e1o k\u1ef9 thu\u1eadt \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c \u0111i\u1ec3m v\u00e0o t\u1ed1i \u01b0u d\u1ef1a tr\u00ean c\u00e1c ch\u1ec9 s\u1ed1 \u01b0a th\u00edch c\u1ee7a h\u1ecd. <h3>T\u1ed1i \u01afu H\u00f3a Trung B\u00ecnh Gi\u00e1 \u0110\u00f4 La<\/h3> \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 x\u00e1c \u0111\u1ecbnh r\u1eb1ng h\u1ecd n\u00ean mua c\u1ed5 phi\u1ebfu Walmart nh\u01b0ng lo ng\u1ea1i v\u1ec1 th\u1eddi \u0111i\u1ec3m v\u00e0o l\u1ec7nh, m\u1ed9t c\u00e1ch ti\u1ebfp c\u1eadn trung b\u00ecnh gi\u00e1 \u0111\u00f4 la (DCA) \u0111\u01b0\u1ee3c t\u1ed1i \u01b0u h\u00f3a to\u00e1n h\u1ecdc c\u00f3 th\u1ec3 gi\u1ea3m r\u1ee7i ro th\u1eddi \u0111i\u1ec3m: <ul> <li>Thi\u1ebft l\u1eadp k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf Walmart m\u1ee5c ti\u00eau c\u1ee7a b\u1ea1n<\/li> <li>Chia th\u00e0nh c\u00e1c ph\u1ea7n b\u1eb1ng nhau (th\u01b0\u1eddng l\u00e0 3-6) \u0111\u1ec3 tri\u1ec3n khai theo th\u1eddi gian<\/li> <li>\u0110\u1ea9y nhanh vi\u1ec7c mua khi c\u00e1c ch\u1ec9 s\u1ed1 \u0111\u1ecbnh gi\u00e1 c\u1ea3i thi\u1ec7n (v\u00ed d\u1ee5: P\/E gi\u1ea3m d\u01b0\u1edbi m\u1ee9c trung b\u00ecnh l\u1ecbch s\u1eed)<\/li> <li>Gi\u1ea3m t\u1ed1c \u0111\u1ed9 mua khi c\u00e1c ch\u1ec9 s\u1ed1 k\u1ef9 thu\u1eadt cho th\u1ea5y \u0111i\u1ec1u ki\u1ec7n mua qu\u00e1 m\u1ee9c<\/li> <li>Ho\u00e0n th\u00e0nh vi\u1ec7c x\u00e2y d\u1ef1ng v\u1ecb th\u1ebf trong m\u1ed9t khung th\u1eddi gian x\u00e1c \u0111\u1ecbnh tr\u01b0\u1edbc b\u1ea5t k\u1ec3 \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng<\/li> <\/ul> C\u00e1ch ti\u1ebfp c\u1eadn c\u00f3 h\u1ec7 th\u1ed1ng n\u00e0y lo\u1ea1i b\u1ecf c\u00e1c thi\u00ean ki\u1ebfn c\u1ea3m x\u00fac kh\u1ecfi qu\u00e1 tr\u00ecnh v\u00e0o l\u1ec7nh trong khi duy tr\u00ec k\u1ef7 lu\u1eadt. Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 t\u1ef1 \u0111\u1ed9ng \u0111\u1ec3 th\u1ef1c hi\u1ec7n c\u00e1c chi\u1ebfn l\u01b0\u1ee3c v\u00e0o l\u1ec7nh d\u1ef1a tr\u00ean quy t\u1eafc nh\u01b0 v\u1eady cho c\u1ed5 phi\u1ebfu Walmart. [cta_button text=\"B\u1eaft \u0110\u1ea7u Giao D\u1ecbch\"] <h2>K\u1ebft Lu\u1eadn<\/h2> Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, c\u00e1c khung to\u00e1n h\u1ecdc v\u00e0 ph\u00e2n t\u00edch \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y cho th\u1ea5y m\u1ed9t c\u00f4ng ty c\u00f3 n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc, v\u1ecb th\u1ebf c\u1ea1nh tranh m\u1ea1nh m\u1ebd v\u00e0 tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng h\u1ee3p l\u00fd. Ph\u00e2n t\u00edch d\u00f2ng ti\u1ec1n chi\u1ebft kh\u1ea5u cho th\u1ea5y gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u01a1 s\u1edf l\u00e0 $176 m\u1ed7i c\u1ed5 phi\u1ebfu, v\u1edbi \u0111\u1ed9 nh\u1ea1y c\u1ea3m v\u1edbi c\u00e1c c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng v\u00e0 gi\u1ea3 \u0111\u1ecbnh chi ph\u00ed v\u1ed1n. C\u00e1c ch\u1ec9 s\u1ed1 moat kinh t\u1ebf c\u1ee7a Walmart cho th\u1ea5y hi\u1ec7u qu\u1ea3 v\u1ed1n v\u01b0\u1ee3t tr\u1ed9i v\u00e0 s\u1ef1 \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3, trong khi c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng trong th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed, ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe v\u00e0 qu\u1ea3ng c\u00e1o k\u1ef9 thu\u1eadt s\u1ed1 mang l\u1ea1i c\u01a1 h\u1ed9i m\u1edf r\u1ed9ng \u00fd ngh\u0129a. C\u00e1c m\u00f4 ph\u1ecfng l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro ch\u1ec9 ra l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn trung b\u00ecnh l\u00e0 9.2% trong kho\u1ea3ng th\u1eddi gian n\u0103m n\u0103m, v\u1edbi x\u00e1c su\u1ea5t 47% v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi th\u1ecb tr\u01b0\u1eddng r\u1ed9ng l\u1edbn h\u01a1n. \u0110\u1ed1i v\u1edbi h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, Walmart \u0111\u1ea1i di\u1ec7n cho m\u1ed9t kho\u1ea3n n\u1eafm gi\u1eef c\u1ed1t l\u00f5i ti\u1ec1m n\u0103ng mang l\u1ea1i s\u1ef1 ph\u00f2ng th\u1ee7, t\u0103ng tr\u01b0\u1edfng v\u1eeba ph\u1ea3i v\u00e0 t\u1ea1o thu nh\u1eadp th\u00f4ng qua c\u1ed5 t\u1ee9c. C\u00e1c c\u00f4ng c\u1ee5 c\u00f3 s\u1eb5n th\u00f4ng qua Pocket Option c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n x\u00e1c \u0111\u1ecbnh k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf t\u1ed1i \u01b0u, th\u1eddi \u0111i\u1ec3m v\u00e0o l\u1ec7nh v\u00e0 t\u00edch h\u1ee3p v\u1edbi chi\u1ebfn l\u01b0\u1ee3c danh m\u1ee5c \u0111\u1ea7u t\u01b0 r\u1ed9ng l\u1edbn h\u01a1n c\u1ee7a b\u1ea1n. Cu\u1ed1i c\u00f9ng, quy\u1ebft \u0111\u1ecbnh li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng n\u00ean d\u1ef1a tr\u00ean c\u00e1c m\u1ee5c ti\u00eau \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3, th\u1eddi gian v\u00e0 kh\u1ea3 n\u0103ng ch\u1ecbu r\u1ee7i ro c\u1ee7a b\u1ea1n. C\u00e1c khung \u0111\u1ecbnh l\u01b0\u1ee3ng \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y cung c\u1ea5p m\u1ed9t n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u00f3 v\u1edbi s\u1ef1 t\u1ef1 tin thay v\u00ec suy \u0111o\u00e1n.","body_html_source":{"label":"Body HTML","type":"wysiwyg","formatted_value":"<h2>\u0110\u1ecbnh Gi\u00e1 \u0110\u1ecbnh L\u01b0\u1ee3ng: V\u01b0\u1ee3t Qua C\u00e1c Ch\u1ec9 S\u1ed1 Gi\u00e1 C\u01a1 B\u1ea3n<\/h2>\n<p> Khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 h\u1ecfi &#8220;t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng,&#8221; h\u1ecd th\u01b0\u1eddng xem x\u00e9t c\u00e1c ch\u1ec9 s\u1ed1 \u0111\u01a1n gi\u1ea3n nh\u01b0 t\u1ef7 l\u1ec7 P\/E ho\u1eb7c bi\u1ebfn \u0111\u1ed9ng gi\u00e1 g\u1ea7n \u0111\u00e2y. Ph\u00e2n t\u00edch b\u1ec1 m\u1eb7t n\u00e0y kh\u00f4ng th\u1ec3 n\u1eafm b\u1eaft \u0111\u01b0\u1ee3c ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 th\u1ef1c s\u1ef1 c\u1ee7a Walmart. M\u1ed9t \u0111\u00e1nh gi\u00e1 to\u00e0n di\u1ec7n \u0111\u00f2i h\u1ecfi ph\u1ea3i xem x\u00e9t nhi\u1ec1u ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ecbnh gi\u00e1 v\u00e0 hi\u1ec3u c\u00e1ch ch\u00fang giao thoa v\u1edbi m\u00f4 h\u00ecnh kinh doanh c\u1ee7a c\u00f4ng ty. <\/p>\n<h3>C\u00e1c T\u1ef7 L\u1ec7 \u0110\u1ecbnh Gi\u00e1 N\u00e2ng Cao v\u00e0 C\u00e1ch Gi\u1ea3i Th\u00edch Ch\u00fang<\/h3>\n<p> C\u00e1c ch\u1ec9 s\u1ed1 \u0111\u1ecbnh gi\u00e1 truy\u1ec1n th\u1ed1ng cung c\u1ea5p m\u1ed9t \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u, nh\u01b0ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tinh vi n\u00ean ph\u00e2n t\u00edch Walmart qua nhi\u1ec1u l\u0103ng k\u00ednh. B\u1ea3ng sau so s\u00e1nh c\u00e1c t\u1ef7 l\u1ec7 ch\u00ednh c\u1ee7a Walmart v\u1edbi trung b\u00ecnh ng\u00e0nh v\u00e0 d\u1eef li\u1ec7u l\u1ecbch s\u1eed: <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 S\u1ed1 \u0110\u1ecbnh Gi\u00e1<\/th>\n<th>Walmart (WMT)<\/th>\n<th>Trung B\u00ecnh Ng\u00e0nh<\/th>\n<th>Trung B\u00ecnh 5 N\u0103m WMT<\/th>\n<th>Gi\u1ea3i Th\u00edch<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>T\u1ef7 L\u1ec7 P\/E<\/td>\n<td>23.8<\/td>\n<td>21.5<\/td>\n<td>24.9<\/td>\n<td>H\u01a1i cao h\u01a1n trung b\u00ecnh ng\u00e0nh, th\u1ea5p h\u01a1n trung b\u00ecnh l\u1ecbch s\u1eed<\/td>\n<\/tr>\n<tr>\n<td>EV\/EBITDA<\/td>\n<td>13.2<\/td>\n<td>12.7<\/td>\n<td>11.9<\/td>\n<td>Cao h\u01a1n c\u1ea3 m\u1ee9c ng\u00e0nh v\u00e0 l\u1ecbch s\u1eed<\/td>\n<\/tr>\n<tr>\n<td>Gi\u00e1\/B\u00e1n H\u00e0ng<\/td>\n<td>0.76<\/td>\n<td>0.83<\/td>\n<td>0.69<\/td>\n<td>Hi\u1ec7u qu\u1ea3 doanh thu t\u1ed1t h\u01a1n so v\u1edbi \u0111\u1ed1i th\u1ee7<\/td>\n<\/tr>\n<tr>\n<td>Gi\u00e1\/D\u00f2ng Ti\u1ec1n T\u1ef1 Do<\/td>\n<td>19.3<\/td>\n<td>22.1<\/td>\n<td>18.7<\/td>\n<td>Hi\u1ec7u qu\u1ea3 t\u1ea1o d\u00f2ng ti\u1ec1n t\u1ed1t h\u01a1n so v\u1edbi \u0111\u1ed1i th\u1ee7<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 PEG<\/td>\n<td>2.8<\/td>\n<td>2.5<\/td>\n<td>3.2<\/td>\n<td>H\u01a1i \u0111\u1eaft so v\u1edbi k\u1ef3 v\u1ecdng t\u0103ng tr\u01b0\u1edfng<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c t\u1ef7 l\u1ec7 n\u00e0y cho th\u1ea5y Walmart c\u00f3 m\u1ed9t b\u1ee9c tranh \u0111\u1ecbnh gi\u00e1 h\u1ed7n h\u1ee3p. Khi h\u1ecfi &#8220;t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng,&#8221; \u0111i\u1ec1u quan tr\u1ecdng l\u00e0 ph\u1ea3i hi\u1ec3u r\u1eb1ng trong khi m\u1ed9t s\u1ed1 ch\u1ec9 s\u1ed1 cho th\u1ea5y \u0111\u1ecbnh gi\u00e1 h\u1ee3p l\u00fd, nh\u1eefng ch\u1ec9 s\u1ed1 kh\u00e1c ch\u1ec9 ra r\u1eb1ng c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 \u0111ang giao d\u1ecbch \u1edf m\u1ee9c cao h\u01a1n so v\u1edbi ti\u00eau chu\u1ea9n l\u1ecbch s\u1eed. S\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y \u0111\u00f2i h\u1ecfi ph\u00e2n t\u00edch s\u00e2u h\u01a1n v\u1ec1 c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i th\u1ebf c\u1ea1nh tranh \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem m\u1ee9c cao h\u01a1n c\u00f3 h\u1ee3p l\u00fd kh\u00f4ng. <\/p>\n<h2>Ph\u00e2n T\u00edch D\u00f2ng Ti\u1ec1n Chi\u1ebft Kh\u1ea5u: D\u1ef1 B\u00e1o Gi\u00e1 Tr\u1ecb T\u01b0\u01a1ng Lai<\/h2>\n<p> M\u1ed9t trong nh\u1eefng c\u00e1ch to\u00e1n h\u1ecdc m\u1ea1nh m\u1ebd nh\u1ea5t \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng l\u00e0 th\u00f4ng qua m\u00f4 h\u00ecnh D\u00f2ng Ti\u1ec1n Chi\u1ebft Kh\u1ea5u (DCF). Ph\u00e2n t\u00edch DCF t\u00ednh to\u00e1n gi\u00e1 tr\u1ecb hi\u1ec7n t\u1ea1i c\u1ee7a c\u00e1c d\u00f2ng ti\u1ec1n t\u01b0\u01a1ng lai d\u1ef1 ki\u1ebfn, cho ph\u00e9p c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u00f3 th\u1ec3 so s\u00e1nh v\u1edbi gi\u00e1 th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i. <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Th\u00e0nh Ph\u1ea7n DCF<\/th>\n<th>\u01af\u1edbc T\u00ednh B\u1ea3o Th\u1ee7<\/th>\n<th>\u01af\u1edbc T\u00ednh C\u01a1 S\u1edf<\/th>\n<th>\u01af\u1edbc T\u00ednh L\u1ea1c Quan<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>T\u0103ng Tr\u01b0\u1edfng Doanh Thu CAGR 5 N\u0103m<\/td>\n<td>2.8%<\/td>\n<td>3.5%<\/td>\n<td>4.2%<\/td>\n<\/tr>\n<tr>\n<td>C\u1ea3i Thi\u1ec7n Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng<\/td>\n<td>0.1% h\u00e0ng n\u0103m<\/td>\n<td>0.2% h\u00e0ng n\u0103m<\/td>\n<td>0.3% h\u00e0ng n\u0103m<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 T\u0103ng Tr\u01b0\u1edfng Cu\u1ed1i K\u1ef3<\/td>\n<td>1.8%<\/td>\n<td>2.2%<\/td>\n<td>2.6%<\/td>\n<\/tr>\n<tr>\n<td>Chi Ph\u00ed V\u1ed1n B\u00ecnh Qu\u00e2n Gia Quy\u1ec1n<\/td>\n<td>7.5%<\/td>\n<td>7.0%<\/td>\n<td>6.5%<\/td>\n<\/tr>\n<tr>\n<td>Gi\u00e1 Tr\u1ecb N\u1ed9i T\u1ea1i M\u1ed7i C\u1ed5 Phi\u1ebfu<\/td>\n<td>$152<\/td>\n<td>$176<\/td>\n<td>$204<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> Ph\u00e2n t\u00edch DCF cung c\u1ea5p m\u1ed9t lo\u1ea1t c\u00e1c gi\u00e1 tr\u1ecb ti\u1ec1m n\u0103ng d\u1ef1a tr\u00ean c\u00e1c gi\u1ea3 \u0111\u1ecbnh v\u1ec1 t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i nhu\u1eadn kh\u00e1c nhau. Khi xem x\u00e9t li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, h\u00e3y so s\u00e1nh c\u00e1c \u01b0\u1edbc t\u00ednh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i n\u00e0y v\u1edbi gi\u00e1 th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i. M\u1ed9t m\u1ee9c chi\u1ebft kh\u1ea5u \u0111\u00e1ng k\u1ec3 so v\u1edbi gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u00f3 th\u1ec3 \u0111\u1ea1i di\u1ec7n cho m\u1ed9t \u0111i\u1ec3m v\u00e0o h\u1ea5p d\u1eabn, trong khi m\u1ed9t m\u1ee9c cao h\u01a1n c\u00f3 th\u1ec3 g\u1ee3i \u00fd ch\u1edd \u0111\u1ee3i m\u1ed9t c\u01a1 h\u1ed9i t\u1ed1t h\u01a1n. C\u00e1c n\u1ec1n t\u1ea3ng giao d\u1ecbch chuy\u00ean nghi\u1ec7p nh\u01b0 Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 tinh vi \u0111\u1ec3 x\u00e2y d\u1ef1ng v\u00e0 ph\u00e2n t\u00edch c\u00e1c m\u00f4 h\u00ecnh DCF, cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 khung \u0111\u1ecbnh l\u01b0\u1ee3ng c\u1ea7n thi\u1ebft \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh th\u00f4ng minh v\u1ec1 c\u1ed5 phi\u1ebfu Walmart. <\/p>\n<h3>Ph\u00e2n T\u00edch \u0110\u1ed9 Nh\u1ea1y: Hi\u1ec3u C\u00e1c Y\u1ebfu T\u1ed1 T\u00e1c \u0110\u1ed9ng \u0110\u1ebfn Gi\u00e1 Tr\u1ecb<\/h3>\n<p> M\u1ed9t b\u01b0\u1edbc quan tr\u1ecdng trong vi\u1ec7c x\u00e1c \u0111\u1ecbnh xem b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng l\u00e0 x\u00e1c \u0111\u1ecbnh c\u00e1c bi\u1ebfn s\u1ed1 n\u00e0o \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 nh\u1ea5t \u0111\u1ebfn \u0111\u1ecbnh gi\u00e1. B\u1ea3ng \u0111\u1ed9 nh\u1ea1y sau \u0111\u00e2y cho th\u1ea5y c\u00e1ch thay \u0111\u1ed5i trong bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng v\u00e0 WACC \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i m\u1ed7i c\u1ed5 phi\u1ebfu: <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Gi\u00e1 Tr\u1ecb N\u1ed9i T\u1ea1i<\/th>\n<th>WACC = 6.5%<\/th>\n<th>WACC = 7.0%<\/th>\n<th>WACC = 7.5%<\/th>\n<th>WACC = 8.0%<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng +0.5%<\/td>\n<td>$221<\/td>\n<td>$194<\/td>\n<td>$171<\/td>\n<td>$152<\/td>\n<\/tr>\n<tr>\n<td>Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng C\u01a1 S\u1edf<\/td>\n<td>$204<\/td>\n<td>$176<\/td>\n<td>$152<\/td>\n<td>$132<\/td>\n<\/tr>\n<tr>\n<td>Bi\u00ean L\u1ee3i Nhu\u1eadn Ho\u1ea1t \u0110\u1ed9ng -0.5%<\/td>\n<td>$187<\/td>\n<td>$158<\/td>\n<td>$134<\/td>\n<td>$113<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> Ph\u00e2n t\u00edch \u0111\u1ed9 nh\u1ea1y n\u00e0y cho th\u1ea5y r\u1eb1ng ngay c\u1ea3 nh\u1eefng c\u1ea3i thi\u1ec7n nh\u1ecf trong bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng c\u0169ng c\u00f3 th\u1ec3 t\u0103ng \u0111\u00e1ng k\u1ec3 gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a Walmart. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u1ee7a Pocket Option c\u00f3 th\u1ec3 m\u00f4 h\u00ecnh h\u00f3a c\u00e1c \u0111\u1ed9 nh\u1ea1y n\u00e0y \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c y\u1ebfu t\u1ed1 quan tr\u1ecdng nh\u1ea5t khi quy\u1ebft \u0111\u1ecbnh li\u1ec7u h\u1ecd c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. <\/p>\n<h2>Ph\u00e2n T\u00edch V\u1ecb Th\u1ebf C\u1ea1nh Tranh: Th\u1ecb Ph\u1ea7n v\u00e0 Ch\u1ec9 S\u1ed1 Moat<\/h2>\n<p> Ngo\u00e0i c\u00e1c t\u1ef7 l\u1ec7 t\u00e0i ch\u00ednh, hi\u1ec3u v\u1ecb th\u1ebf c\u1ea1nh tranh c\u1ee7a Walmart l\u00e0 r\u1ea5t quan tr\u1ecdng khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. Kh\u1ea3 n\u0103ng c\u1ee7a c\u00f4ng ty trong vi\u1ec7c duy tr\u00ec v\u00e0 t\u0103ng th\u1ecb ph\u1ea7n \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n. <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 S\u1ed1 C\u1ea1nh Tranh<\/th>\n<th>Walmart<\/th>\n<th>Amazon<\/th>\n<th>Target<\/th>\n<th>Costco<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Th\u1ecb Ph\u1ea7n B\u00e1n L\u1ebb M\u1ef9<\/td>\n<td>8.7%<\/td>\n<td>5.6%<\/td>\n<td>2.4%<\/td>\n<td>3.1%<\/td>\n<\/tr>\n<tr>\n<td>Doanh Thu Tr\u00ean M\u1ed7i Foot Vu\u00f4ng<\/td>\n<td>$471<\/td>\n<td>N\/A<\/td>\n<td>$343<\/td>\n<td>$1,374<\/td>\n<\/tr>\n<tr>\n<td>T\u0103ng Tr\u01b0\u1edfng Doanh S\u1ed1 C\u00f9ng C\u1eeda H\u00e0ng (Trung B\u00ecnh 3 N\u0103m)<\/td>\n<td>3.8%<\/td>\n<td>N\/A<\/td>\n<td>2.9%<\/td>\n<td>7.2%<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 T\u0103ng Tr\u01b0\u1edfng Th\u01b0\u01a1ng M\u1ea1i \u0110i\u1ec7n T\u1eed<\/td>\n<td>17%<\/td>\n<td>13%<\/td>\n<td>19%<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>V\u00f2ng Quay H\u00e0ng T\u1ed3n Kho<\/td>\n<td>8.5x<\/td>\n<td>12.7x<\/td>\n<td>5.8x<\/td>\n<td>11.4x<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c ch\u1ec9 s\u1ed1 c\u1ea1nh tranh n\u00e0y cho th\u1ea5y v\u1ecb th\u1ebf th\u1ecb tr\u01b0\u1eddng th\u1ed1ng tr\u1ecb c\u1ee7a Walmart nh\u01b0ng c\u0169ng l\u00e0m n\u1ed5i b\u1eadt c\u00e1c l\u0129nh v\u1ef1c m\u00e0 \u0111\u1ed1i th\u1ee7 c\u00f3 l\u1ee3i th\u1ebf. Khi xem x\u00e9t li\u1ec7u t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean \u0111\u00e1nh gi\u00e1 li\u1ec7u chi\u1ebfn l\u01b0\u1ee3c chuy\u1ec3n \u0111\u1ed5i s\u1ed1 v\u00e0 \u0111a k\u00eanh c\u1ee7a c\u00f4ng ty c\u00f3 th\u1ec3 duy tr\u00ec th\u1ecb ph\u1ea7n tr\u01b0\u1edbc c\u00e1c \u0111\u1ed1i th\u1ee7 th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed thu\u1ea7n t\u00fay nh\u01b0 Amazon trong khi t\u1eadn d\u1ee5ng l\u1ee3i th\u1ebf c\u1eeda h\u00e0ng v\u1eadt l\u00fd c\u1ee7a m\u00ecnh. <\/p>\n<h3>\u0110\u1ecbnh L\u01b0\u1ee3ng Moat Kinh T\u1ebf<\/h3>\n<p> Moat kinh t\u1ebf c\u1ee7a Walmart\u2014c\u00e1c l\u1ee3i th\u1ebf c\u1ea1nh tranh b\u1ec1n v\u1eefng\u2014c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u0111\u1ecbnh l\u01b0\u1ee3ng th\u00f4ng qua m\u1ed9t s\u1ed1 ch\u1ec9 s\u1ed1 ch\u00ednh gi\u00fap tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi li\u1ec7u b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng: <\/p>\n<ul>\n<li>L\u1ee3i nhu\u1eadn tr\u00ean v\u1ed1n \u0111\u1ea7u t\u01b0 (ROIC) so v\u1edbi Chi ph\u00ed v\u1ed1n b\u00ecnh qu\u00e2n gia quy\u1ec1n (WACC)<\/li>\n<li>Kh\u1ea3 n\u0103ng \u0111\u1ecbnh gi\u00e1 \u0111\u01b0\u1ee3c \u0111o l\u01b0\u1eddng b\u1eb1ng s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a bi\u00ean l\u1ee3i nhu\u1eadn g\u1ed9p<\/li>\n<li>L\u1ee3i th\u1ebf quy m\u00f4 \u0111\u01b0\u1ee3c \u0111\u1ecbnh l\u01b0\u1ee3ng th\u00f4ng qua t\u1ef7 l\u1ec7 chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng so v\u1edbi \u0111\u1ed1i th\u1ee7<\/li>\n<li>Gi\u00e1 tr\u1ecb th\u01b0\u01a1ng hi\u1ec7u v\u00e0 ch\u1ec9 s\u1ed1 trung th\u00e0nh c\u1ee7a kh\u00e1ch h\u00e0ng bao g\u1ed3m t\u1ef7 l\u1ec7 mua l\u1ea1i<\/li>\n<li>Ch\u1ec9 s\u1ed1 hi\u1ec7u qu\u1ea3 chu\u1ed7i cung \u1ee9ng bao g\u1ed3m v\u00f2ng quay h\u00e0ng t\u1ed3n kho v\u00e0 s\u1ed1 ng\u00e0y t\u1ed3n kho<\/li>\n<\/ul>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 S\u1ed1 Moat<\/th>\n<th>Walmart<\/th>\n<th>Trung B\u00ecnh Ng\u00e0nh<\/th>\n<th>Gi\u1ea3i Th\u00edch<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>ROIC &#8211; WACC Spread<\/td>\n<td>4.2%<\/td>\n<td>2.3%<\/td>\n<td>Hi\u1ec7u qu\u1ea3 v\u1ed1n v\u01b0\u1ee3t tr\u1ed9i, ch\u1ec9 ra moat m\u1ea1nh<\/td>\n<\/tr>\n<tr>\n<td>Bi\u1ebfn \u0110\u1ed9ng Bi\u00ean L\u1ee3i Nhu\u1eadn G\u1ed9p 5 N\u0103m<\/td>\n<td>0.7%<\/td>\n<td>1.5%<\/td>\n<td>Kh\u1ea3 n\u0103ng \u0111\u1ecbnh gi\u00e1 \u1ed5n \u0111\u1ecbnh m\u1eb7c d\u00f9 c\u00f3 \u00e1p l\u1ef1c c\u1ea1nh tranh<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 Chi Ph\u00ed Ho\u1ea1t \u0110\u1ed9ng<\/td>\n<td>19.7%<\/td>\n<td>22.4%<\/td>\n<td>L\u1ee3i th\u1ebf quy m\u00f4 chuy\u1ec3n th\u00e0nh hi\u1ec7u qu\u1ea3 chi ph\u00ed<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 Mua L\u1ea1i C\u1ee7a Kh\u00e1ch H\u00e0ng<\/td>\n<td>76%<\/td>\n<td>65%<\/td>\n<td>L\u00f2ng trung th\u00e0nh c\u1ee7a kh\u00e1ch h\u00e0ng m\u1ea1nh m\u1ebd h\u1ed7 tr\u1ee3 doanh thu \u1ed5n \u0111\u1ecbnh<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c ch\u1ec9 s\u1ed1 moat kinh t\u1ebf c\u1ee7a Walmart cho th\u1ea5y l\u1ee3i th\u1ebf c\u1ea1nh tranh \u0111\u00e1ng k\u1ec3. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00ean Pocket Option c\u00f3 th\u1ec3 t\u1eadn d\u1ee5ng c\u00e1c bi\u1ec7n ph\u00e1p \u0111\u1ecbnh l\u01b0\u1ee3ng n\u00e0y \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a m\u00f4 h\u00ecnh kinh doanh c\u1ee7a Walmart khi quy\u1ebft \u0111\u1ecbnh li\u1ec7u h\u1ecd c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. <\/p>\n<h2>Ph\u00e2n T\u00edch \u0110\u1ed9ng L\u1ef1c T\u0103ng Tr\u01b0\u1edfng: X\u00e1c \u0110\u1ecbnh C\u00e1c Ngu\u1ed3n Doanh Thu T\u01b0\u01a1ng Lai<\/h2>\n<p> Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, hi\u1ec3u c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng c\u1ee7a c\u00f4ng ty l\u00e0 r\u1ea5t quan tr\u1ecdng \u0111\u1ec3 d\u1ef1 b\u00e1o hi\u1ec7u su\u1ea5t t\u01b0\u01a1ng lai. C\u00e1c s\u00e1ng ki\u1ebfn t\u0103ng tr\u01b0\u1edfng c\u1ee7a Walmart tr\u1ea3i d\u00e0i tr\u00ean nhi\u1ec1u kh\u00eda c\u1ea1nh, m\u1ed7i kh\u00eda c\u1ea1nh c\u00f3 t\u00e1c \u0111\u1ed9ng ti\u1ec1m n\u0103ng v\u00e0 x\u00e1c su\u1ea5t th\u00e0nh c\u00f4ng kh\u00e1c nhau. <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>S\u00e1ng Ki\u1ebfn T\u0103ng Tr\u01b0\u1edfng<\/th>\n<th>Quy M\u00f4 Th\u1ecb Tr\u01b0\u1eddng (T\u1ef7 USD)<\/th>\n<th>Th\u00e2m Nh\u1eadp Hi\u1ec7n T\u1ea1i C\u1ee7a Walmart<\/th>\n<th>Ti\u1ec1m N\u0103ng CAGR 5 N\u0103m<\/th>\n<th>H\u1ed3 S\u01a1 Bi\u00ean L\u1ee3i Nhu\u1eadn<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>M\u1edf R\u1ed9ng Qu\u1ed1c T\u1ebf<\/td>\n<td>$5,800<\/td>\n<td>3.2%<\/td>\n<td>4.5-6.0%<\/td>\n<td>Th\u1ea5p h\u01a1n M\u1ef9<\/td>\n<\/tr>\n<tr>\n<td>Th\u01b0\u01a1ng M\u1ea1i \u0110i\u1ec7n T\u1eed\/\u0110a K\u00eanh<\/td>\n<td>$4,200<\/td>\n<td>2.1%<\/td>\n<td>15-20%<\/td>\n<td>Ban \u0111\u1ea7u gi\u1ea3m, c\u1ea3i thi\u1ec7n<\/td>\n<\/tr>\n<tr>\n<td>D\u1ecbch V\u1ee5 Ch\u0103m S\u00f3c S\u1ee9c Kh\u1ecfe<\/td>\n<td>$850<\/td>\n<td>0.3%<\/td>\n<td>25-30%<\/td>\n<td>Cao h\u01a1n b\u00e1n l\u1ebb c\u1ed1t l\u00f5i<\/td>\n<\/tr>\n<tr>\n<td>D\u1ecbch V\u1ee5 T\u00e0i Ch\u00ednh<\/td>\n<td>$1,200<\/td>\n<td>0.5%<\/td>\n<td>12-18%<\/td>\n<td>Cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi c\u1ed1t l\u00f5i<\/td>\n<\/tr>\n<tr>\n<td>Qu\u1ea3ng C\u00e1o K\u1ef9 Thu\u1eadt S\u1ed1<\/td>\n<td>$350<\/td>\n<td>1.8%<\/td>\n<td>35-40%<\/td>\n<td>R\u1ea5t cao (70%+)<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng n\u00e0y mang l\u1ea1i c\u01a1 h\u1ed9i \u0111\u00e1ng k\u1ec3 cho Walmart m\u1edf r\u1ed9ng ra ngo\u00e0i kinh doanh b\u00e1n l\u1ebb truy\u1ec1n th\u1ed1ng c\u1ee7a m\u00ecnh. Khi xem x\u00e9t li\u1ec7u t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean \u0111\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng th\u1ef1c thi c\u1ee7a c\u00f4ng ty tr\u00ean c\u00e1c s\u00e1ng ki\u1ebfn n\u00e0y v\u00e0 \u0111\u00f3ng g\u00f3p ti\u1ec1m n\u0103ng c\u1ee7a ch\u00fang v\u00e0o t\u0103ng tr\u01b0\u1edfng t\u1ed5ng th\u1ec3 v\u00e0 m\u1edf r\u1ed9ng bi\u00ean l\u1ee3i nhu\u1eadn. C\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u00f3 s\u1eb5n th\u00f4ng qua Pocket Option c\u00f3 th\u1ec3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u00f4 h\u00ecnh h\u00f3a c\u00e1c k\u1ecbch b\u1ea3n t\u0103ng tr\u01b0\u1edfng kh\u00e1c nhau v\u00e0 x\u00e1c \u0111\u1ecbnh t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn \u0111\u1ecbnh gi\u00e1 t\u1ed5ng th\u1ec3 c\u1ee7a Walmart. <\/p>\n<h2>Ph\u00e2n T\u00edch \u1ed4n \u0110\u1ecbnh T\u00e0i Ch\u00ednh v\u00e0 Ph\u00e2n B\u1ed5 V\u1ed1n<\/h2>\n<p> \u1ed4n \u0111\u1ecbnh t\u00e0i ch\u00ednh v\u00e0 ph\u00e2n b\u1ed5 v\u1ed1n hi\u1ec7u qu\u1ea3 l\u00e0 nh\u1eefng y\u1ebfu t\u1ed1 quan tr\u1ecdng khi x\u00e1c \u0111\u1ecbnh li\u1ec7u b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. S\u1ee9c m\u1ea1nh b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n c\u1ee7a c\u00f4ng ty v\u00e0 chi\u1ebfn l\u01b0\u1ee3c tri\u1ec3n khai ti\u1ec1n m\u1eb7t \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn l\u1ee3i nhu\u1eadn d\u00e0i h\u1ea1n c\u1ee7a c\u1ed5 \u0111\u00f4ng. <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 S\u1ed1 \u1ed4n \u0110\u1ecbnh T\u00e0i Ch\u00ednh<\/th>\n<th>Walmart<\/th>\n<th>Trung B\u00ecnh Ng\u00e0nh<\/th>\n<th>Gi\u1ea3i Th\u00edch<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>N\u1ee3\/EBITDA<\/td>\n<td>1.7x<\/td>\n<td>2.3x<\/td>\n<td>\u0110\u00f2n b\u1ea9y th\u1ea5p h\u01a1n, linh ho\u1ea1t t\u00e0i ch\u00ednh l\u1edbn h\u01a1n<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 B\u1ea3o Hi\u1ec3m L\u00e3i Su\u1ea5t<\/td>\n<td>10.8x<\/td>\n<td>7.5x<\/td>\n<td>Kh\u1ea3 n\u0103ng m\u1ea1nh m\u1ebd \u0111\u1ec3 ph\u1ee5c v\u1ee5 c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 B\u1ea3o Hi\u1ec3m Chi Ph\u00ed C\u1ed1 \u0110\u1ecbnh<\/td>\n<td>3.9x<\/td>\n<td>2.8x<\/td>\n<td>B\u1ea3o hi\u1ec3m tho\u1ea3i m\u00e1i cho t\u1ea5t c\u1ea3 c\u00e1c ngh\u0129a v\u1ee5 c\u1ed1 \u0111\u1ecbnh<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 Hi\u1ec7n H\u00e0nh<\/td>\n<td>0.86<\/td>\n<td>0.92<\/td>\n<td>H\u01a1i th\u1ea5p h\u01a1n ng\u00e0nh, nh\u01b0ng \u0111\u01b0\u1ee3c gi\u1ea3m thi\u1ec3u b\u1edfi v\u00f2ng quay h\u00e0ng t\u1ed3n kho<\/td>\n<\/tr>\n<tr>\n<td>L\u1ee3i Su\u1ea5t D\u00f2ng Ti\u1ec1n T\u1ef1 Do<\/td>\n<td>3.7%<\/td>\n<td>2.9%<\/td>\n<td>T\u1ea1o d\u00f2ng ti\u1ec1n v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi \u0111\u1ecbnh gi\u00e1<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c ch\u1ec9 s\u1ed1 \u1ed5n \u0111\u1ecbnh t\u00e0i ch\u00ednh c\u1ee7a Walmart nh\u00ecn chung cho th\u1ea5y m\u1ed9t b\u1ea3ng c\u00e2n \u0111\u1ed1i m\u1ea1nh m\u1ebd v\u1edbi \u0111\u00f2n b\u1ea9y v\u1eeba ph\u1ea3i v\u00e0 t\u1ef7 l\u1ec7 b\u1ea3o hi\u1ec3m m\u1ea1nh m\u1ebd. S\u1ee9c m\u1ea1nh t\u00e0i ch\u00ednh n\u00e0y cung c\u1ea5p m\u1ed9t bi\u00ean \u0111\u1ed9 an to\u00e0n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang xem x\u00e9t li\u1ec7u h\u1ecd c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, \u0111\u1eb7c bi\u1ec7t trong th\u1eddi k\u1ef3 suy tho\u00e1i kinh t\u1ebf. <\/p>\n<h3>Hi\u1ec7u Qu\u1ea3 Ph\u00e2n B\u1ed5 V\u1ed1n<\/h3>\n<p> C\u00e1ch Walmart tri\u1ec3n khai d\u00f2ng ti\u1ec1n m\u1eb7t \u0111\u00e1ng k\u1ec3 c\u1ee7a m\u00ecnh \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn l\u1ee3i nhu\u1eadn c\u1ee7a c\u1ed5 \u0111\u00f4ng. Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, h\u00e3y ph\u00e2n t\u00edch h\u1ed3 s\u01a1 ph\u00e2n b\u1ed5 v\u1ed1n c\u1ee7a c\u00f4ng ty: <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ph\u00e2n B\u1ed5 V\u1ed1n (Trung B\u00ecnh 5 N\u0103m)<\/th>\n<th>S\u1ed1 Ti\u1ec1n (T\u1ef7 USD)<\/th>\n<th>% D\u00f2ng Ti\u1ec1n Ho\u1ea1t \u0110\u1ed9ng<\/th>\n<th>L\u1ee3i Nhu\u1eadn \u0110\u1ea7u T\u01b0<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Chi Ph\u00ed V\u1ed1n<\/td>\n<td>$10.2<\/td>\n<td>38%<\/td>\n<td>11.5% (ROI tr\u00ean c\u1eeda h\u00e0ng m\u1edbi\/c\u1ea3i t\u1ea1o)<\/td>\n<\/tr>\n<tr>\n<td>C\u1ed5 T\u1ee9c<\/td>\n<td>$6.1<\/td>\n<td>23%<\/td>\n<td>1.8% l\u1ee3i su\u1ea5t<\/td>\n<\/tr>\n<tr>\n<td>Mua L\u1ea1i C\u1ed5 Phi\u1ebfu<\/td>\n<td>$5.8<\/td>\n<td>21%<\/td>\n<td>2.2% l\u1ee3i su\u1ea5t mua l\u1ea1i<\/td>\n<\/tr>\n<tr>\n<td>Mua L\u1ea1i<\/td>\n<td>$3.2<\/td>\n<td>12%<\/td>\n<td>9.6% (ROIC \u01b0\u1edbc t\u00ednh tr\u00ean mua l\u1ea1i)<\/td>\n<\/tr>\n<tr>\n<td>Gi\u1ea3m N\u1ee3<\/td>\n<td>$1.7<\/td>\n<td>6%<\/td>\n<td>4.3% (ti\u1ebft ki\u1ec7m l\u00e3i su\u1ea5t)<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1ch ti\u1ebfp c\u1eadn c\u00e2n b\u1eb1ng c\u1ee7a Walmart \u0111\u1ed1i v\u1edbi ph\u00e2n b\u1ed5 v\u1ed1n, v\u1edbi c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 \u0111\u00e1ng k\u1ec3 v\u00e0o c\u1ea3 s\u00e1ng ki\u1ebfn t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i nhu\u1eadn c\u1ed5 \u0111\u00f4ng, tr\u00ecnh b\u00e0y m\u1ed9t h\u1ed3 s\u01a1 h\u1ea5p d\u1eabn cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. C\u00e1c n\u1ec1n t\u1ea3ng nh\u01b0 Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 \u0111\u1ec3 ph\u00e2n t\u00edch c\u00e1ch thay \u0111\u1ed5i trong chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u1ed1n c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng lai khi xem x\u00e9t li\u1ec7u t\u00f4i c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng. <\/p>\n<h2>Ti\u1ec1m N\u0103ng L\u1ee3i Nhu\u1eadn \u0110i\u1ec1u Ch\u1ec9nh R\u1ee7i Ro: \u0110\u1ecbnh L\u01b0\u1ee3ng Tr\u01b0\u1eddng H\u1ee3p \u0110\u1ea7u T\u01b0<\/h2>\n<p> C\u00e2u h\u1ecfi cu\u1ed1i c\u00f9ng v\u1ec1 vi\u1ec7c li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng ph\u1ee5 thu\u1ed9c v\u00e0o l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro d\u1ef1 ki\u1ebfn c\u1ee7a n\u00f3 so v\u1edbi c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 thay th\u1ebf. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tinh vi s\u1eed d\u1ee5ng c\u00e1c m\u00f4 h\u00ecnh to\u00e1n h\u1ecdc \u0111\u1ec3 \u0111\u1ecbnh l\u01b0\u1ee3ng ti\u1ec1m n\u0103ng n\u00e0y. <\/p>\n<h3>K\u1ebft Qu\u1ea3 M\u00f4 Ph\u1ecfng Monte Carlo<\/h3>\n<p> S\u1eed d\u1ee5ng m\u00f4 ph\u1ecfng Monte Carlo v\u1edbi 10,000 l\u1ea7n l\u1eb7p l\u1ea1i d\u1ef1a tr\u00ean bi\u1ebfn \u0111\u1ed9ng l\u1ecbch s\u1eed, d\u1ef1 b\u00e1o t\u0103ng tr\u01b0\u1edfng v\u00e0 k\u1ecbch b\u1ea3n c\u1ea1nh tranh, ch\u00fang ta c\u00f3 th\u1ec3 t\u1ea1o ra c\u00e1c ph\u00e2n ph\u1ed1i x\u00e1c su\u1ea5t cho l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng lai c\u1ee7a Walmart: <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 S\u1ed1 L\u1ee3i Nhu\u1eadn (Horizon 5 N\u0103m)<\/th>\n<th>Ph\u00e2n V\u1ecb 10<\/th>\n<th>Trung V\u1ecb (50)<\/th>\n<th>Ph\u00e2n V\u1ecb 90<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>L\u1ee3i Nhu\u1eadn T\u1ed5ng H\u00e0ng N\u0103m<\/td>\n<td>4.8%<\/td>\n<td>9.2%<\/td>\n<td>14.7%<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 L\u1ec7 Sharpe<\/td>\n<td>0.31<\/td>\n<td>0.56<\/td>\n<td>0.88<\/td>\n<\/tr>\n<tr>\n<td>Gi\u1ea3m Gi\u00e1 T\u1ed1i \u0110a<\/td>\n<td>-28%<\/td>\n<td>-19%<\/td>\n<td>-12%<\/td>\n<\/tr>\n<tr>\n<td>X\u00e1c Su\u1ea5t V\u01b0\u1ee3t Tr\u1ed9i S&amp;P 500<\/td>\n<td>N\/A<\/td>\n<td>47%<\/td>\n<td>N\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c k\u1ebft qu\u1ea3 m\u00f4 ph\u1ecfng n\u00e0y ch\u1ec9 ra r\u1eb1ng Walmart cung c\u1ea5p m\u1ed9t h\u1ed3 s\u01a1 l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro kh\u00e1 h\u1ea5p d\u1eabn, v\u1edbi l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn trung b\u00ecnh l\u00e0 9.2% trong kho\u1ea3ng th\u1eddi gian n\u0103m n\u0103m. Tuy nhi\u00ean, x\u00e1c su\u1ea5t v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi th\u1ecb tr\u01b0\u1eddng r\u1ed9ng l\u1edbn h\u01a1n l\u00e0 h\u01a1i d\u01b0\u1edbi 50%, cho th\u1ea5y Walmart c\u00f3 th\u1ec3 ph\u00f9 h\u1ee3p h\u01a1n nh\u01b0 m\u1ed9t y\u1ebfu t\u1ed1 \u1ed5n \u0111\u1ecbnh danh m\u1ee5c \u0111\u1ea7u t\u01b0 h\u01a1n l\u00e0 m\u1ed9t \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng ch\u00ednh. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng Pocket Option c\u00f3 th\u1ec3 ch\u1ea1y c\u00e1c m\u00f4 ph\u1ecfng t\u01b0\u01a1ng t\u1ef1 v\u1edbi c\u00e1c tham s\u1ed1 t\u00f9y ch\u1ec9nh \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem c\u1ed5 phi\u1ebfu Walmart c\u00f3 ph\u00f9 h\u1ee3p v\u1edbi c\u00e1c m\u1ee5c ti\u00eau \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3 v\u00e0 kh\u1ea3 n\u0103ng ch\u1ecbu r\u1ee7i ro c\u1ee7a h\u1ecd kh\u00f4ng. <\/p>\n<h3>K\u00edch Th\u01b0\u1edbc V\u1ecb Th\u1ebf v\u00e0 T\u00edch H\u1ee3p Danh M\u1ee5c<\/h3>\n<p> N\u1ebfu b\u1ea1n quy\u1ebft \u0111\u1ecbnh b\u1ea1n n\u00ean mua c\u1ed5 phi\u1ebfu Walmart, vi\u1ec7c x\u00e1c \u0111\u1ecbnh k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf ph\u00f9 h\u1ee3p trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n l\u00e0 r\u1ea5t quan tr\u1ecdng. Khung sau \u0111\u00e2y gi\u00fap t\u1ed1i \u01b0u h\u00f3a ph\u00e2n b\u1ed5 d\u1ef1a tr\u00ean \u0111\u00f3ng g\u00f3p r\u1ee7i ro: <\/p>\n<ul>\n<li>T\u00ednh to\u00e1n t\u01b0\u01a1ng quan c\u1ee7a Walmart v\u1edbi c\u00e1c kho\u1ea3n n\u1eafm gi\u1eef hi\u1ec7n t\u1ea1i c\u1ee7a b\u1ea1n<\/li>\n<li>X\u00e1c \u0111\u1ecbnh bi\u1ebfn \u0111\u1ed9ng d\u1ef1 ki\u1ebfn c\u1ee7a Walmart so v\u1edbi danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n<\/li>\n<li>G\u00e1n k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf t\u1ef7 l\u1ec7 ngh\u1ecbch v\u1edbi bi\u1ebfn \u0111\u1ed9ng v\u00e0 t\u1ef7 l\u1ec7 thu\u1eadn v\u1edbi l\u1ee3i nhu\u1eadn v\u01b0\u1ee3t tr\u1ed9i d\u1ef1 ki\u1ebfn<\/li>\n<li>Xem x\u00e9t gi\u1edbi h\u1ea1n ti\u1ebfp x\u00fac ng\u00e0nh v\u00e0 y\u00eau c\u1ea7u \u0111a d\u1ea1ng h\u00f3a<\/li>\n<li>\u0110i\u1ec1u ch\u1ec9nh v\u1ecb th\u1ebf d\u1ef1a tr\u00ean m\u1ee9c \u0111\u1ed9 tin t\u01b0\u1edfng v\u00e0 th\u1eddi gian \u0111\u1ea7u t\u01b0<\/li>\n<\/ul>\n<p> \u0110\u1ed1i v\u1edbi m\u1ed9t danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u00e2n b\u1eb1ng \u0111i\u1ec3n h\u00ecnh, c\u1ed5 phi\u1ebfu Walmart c\u00f3 th\u1ec3 \u0111\u1ea1i di\u1ec7n cho 2-4% t\u1ed5ng s\u1ed1 n\u1eafm gi\u1eef, c\u00f3 th\u1ec3 cao h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 t\u1eadp trung v\u00e0o thu nh\u1eadp ho\u1eb7c ph\u00f2ng th\u1ee7. C\u00e1c c\u00f4ng c\u1ee5 qu\u1ea3n l\u00fd danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a Pocket Option c\u00f3 th\u1ec3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed1i \u01b0u h\u00f3a v\u1ecb th\u1ebf Walmart c\u1ee7a h\u1ecd \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro t\u1ed1i \u0111a. <\/p>\n<h2>Chi\u1ebfn L\u01b0\u1ee3c V\u00e0o L\u1ec7nh v\u00e0 C\u00e2n Nh\u1eafc K\u1ef9 Thu\u1eadt<\/h2>\n<p> Ngay c\u1ea3 khi ph\u00e2n t\u00edch c\u01a1 b\u1ea3n cho th\u1ea5y b\u1ea1n n\u00ean mua c\u1ed5 phi\u1ebfu Walmart, vi\u1ec7c x\u00e1c \u0111\u1ecbnh th\u1eddi \u0111i\u1ec3m v\u00e0o l\u1ec7nh c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn l\u1ee3i nhu\u1eadn. Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt cung c\u1ea5p m\u1ed9t khung \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c \u0111i\u1ec3m v\u00e0o l\u1ec7nh thu\u1eadn l\u1ee3i. <\/p>\n<div class=\"table-container\">\n<table>\n<thead>\n<tr>\n<th>Ch\u1ec9 S\u1ed1 K\u1ef9 Thu\u1eadt<\/th>\n<th>\u0110\u1ecdc Hi\u1ec7n T\u1ea1i<\/th>\n<th>Ph\u00e2n V\u1ecb L\u1ecbch S\u1eed<\/th>\n<th>Gi\u1ea3i Th\u00edch<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Ch\u1ec9 S\u1ed1 S\u1ee9c M\u1ea1nh T\u01b0\u01a1ng \u0110\u1ed1i (14 ng\u00e0y)<\/td>\n<td>62<\/td>\n<td>68th<\/td>\n<td>H\u01a1i mua qu\u00e1 m\u1ee9c nh\u01b0ng kh\u00f4ng c\u1ef1c \u0111oan<\/td>\n<\/tr>\n<tr>\n<td>\u0110\u01b0\u1eddng Trung B\u00ecnh H\u1ed9i T\u1ee5 Ph\u00e2n K\u1ef3<\/td>\n<td>+1.87<\/td>\n<td>73rd<\/td>\n<td>\u0110\u1ed9ng l\u01b0\u1ee3ng t\u00edch c\u1ef1c nh\u01b0ng \u0111ang ti\u1ebfp c\u1eadn kh\u00e1ng c\u1ef1<\/td>\n<\/tr>\n<tr>\n<td>\u0110\u1ed9 R\u1ed9ng D\u1ea3i Bollinger<\/td>\n<td>2.2<\/td>\n<td>35th<\/td>\n<td>Bi\u1ebfn \u0111\u1ed9ng d\u01b0\u1edbi trung b\u00ecnh, ti\u1ec1m n\u0103ng m\u1edf r\u1ed9ng ph\u1ea1m vi<\/td>\n<\/tr>\n<tr>\n<td>Gi\u00e1 so v\u1edbi \u0110\u01b0\u1eddng Trung B\u00ecnh 200 ng\u00e0y<\/td>\n<td>+7.8%<\/td>\n<td>82nd<\/td>\n<td>\u0110\u00e3 m\u1edf r\u1ed9ng tr\u00ean xu h\u01b0\u1edbng d\u00e0i h\u1ea1n<\/td>\n<\/tr>\n<tr>\n<td>Xu H\u01b0\u1edbng Kh\u1ed1i L\u01b0\u1ee3ng (20 ng\u00e0y so v\u1edbi 60 ng\u00e0y)<\/td>\n<td>-12%<\/td>\n<td>28th<\/td>\n<td>Kh\u1ed1i l\u01b0\u1ee3ng gi\u1ea3m c\u00f3 th\u1ec3 ch\u1ec9 ra \u0111\u1ed9ng l\u01b0\u1ee3ng suy y\u1ebfu<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p> C\u00e1c ch\u1ec9 s\u1ed1 k\u1ef9 thu\u1eadt hi\u1ec7n t\u1ea1i cho th\u1ea5y c\u1ed5 phi\u1ebfu Walmart c\u00f3 th\u1ec3 h\u01a1i m\u1edf r\u1ed9ng trong ng\u1eafn h\u1ea1n, c\u00f3 th\u1ec3 cung c\u1ea5p c\u00e1c \u0111i\u1ec3m v\u00e0o t\u1ed1t h\u01a1n khi gi\u00e1 gi\u1ea3m v\u1ec1 c\u00e1c m\u1ee9c h\u1ed7 tr\u1ee3. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng Pocket Option c\u00f3 th\u1ec3 thi\u1ebft l\u1eadp c\u1ea3nh b\u00e1o k\u1ef9 thu\u1eadt \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c \u0111i\u1ec3m v\u00e0o t\u1ed1i \u01b0u d\u1ef1a tr\u00ean c\u00e1c ch\u1ec9 s\u1ed1 \u01b0a th\u00edch c\u1ee7a h\u1ecd. <\/p>\n<h3>T\u1ed1i \u01afu H\u00f3a Trung B\u00ecnh Gi\u00e1 \u0110\u00f4 La<\/h3>\n<p> \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 x\u00e1c \u0111\u1ecbnh r\u1eb1ng h\u1ecd n\u00ean mua c\u1ed5 phi\u1ebfu Walmart nh\u01b0ng lo ng\u1ea1i v\u1ec1 th\u1eddi \u0111i\u1ec3m v\u00e0o l\u1ec7nh, m\u1ed9t c\u00e1ch ti\u1ebfp c\u1eadn trung b\u00ecnh gi\u00e1 \u0111\u00f4 la (DCA) \u0111\u01b0\u1ee3c t\u1ed1i \u01b0u h\u00f3a to\u00e1n h\u1ecdc c\u00f3 th\u1ec3 gi\u1ea3m r\u1ee7i ro th\u1eddi \u0111i\u1ec3m: <\/p>\n<ul>\n<li>Thi\u1ebft l\u1eadp k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf Walmart m\u1ee5c ti\u00eau c\u1ee7a b\u1ea1n<\/li>\n<li>Chia th\u00e0nh c\u00e1c ph\u1ea7n b\u1eb1ng nhau (th\u01b0\u1eddng l\u00e0 3-6) \u0111\u1ec3 tri\u1ec3n khai theo th\u1eddi gian<\/li>\n<li>\u0110\u1ea9y nhanh vi\u1ec7c mua khi c\u00e1c ch\u1ec9 s\u1ed1 \u0111\u1ecbnh gi\u00e1 c\u1ea3i thi\u1ec7n (v\u00ed d\u1ee5: P\/E gi\u1ea3m d\u01b0\u1edbi m\u1ee9c trung b\u00ecnh l\u1ecbch s\u1eed)<\/li>\n<li>Gi\u1ea3m t\u1ed1c \u0111\u1ed9 mua khi c\u00e1c ch\u1ec9 s\u1ed1 k\u1ef9 thu\u1eadt cho th\u1ea5y \u0111i\u1ec1u ki\u1ec7n mua qu\u00e1 m\u1ee9c<\/li>\n<li>Ho\u00e0n th\u00e0nh vi\u1ec7c x\u00e2y d\u1ef1ng v\u1ecb th\u1ebf trong m\u1ed9t khung th\u1eddi gian x\u00e1c \u0111\u1ecbnh tr\u01b0\u1edbc b\u1ea5t k\u1ec3 \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng<\/li>\n<\/ul>\n<p> C\u00e1ch ti\u1ebfp c\u1eadn c\u00f3 h\u1ec7 th\u1ed1ng n\u00e0y lo\u1ea1i b\u1ecf c\u00e1c thi\u00ean ki\u1ebfn c\u1ea3m x\u00fac kh\u1ecfi qu\u00e1 tr\u00ecnh v\u00e0o l\u1ec7nh trong khi duy tr\u00ec k\u1ef7 lu\u1eadt. Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 t\u1ef1 \u0111\u1ed9ng \u0111\u1ec3 th\u1ef1c hi\u1ec7n c\u00e1c chi\u1ebfn l\u01b0\u1ee3c v\u00e0o l\u1ec7nh d\u1ef1a tr\u00ean quy t\u1eafc nh\u01b0 v\u1eady cho c\u1ed5 phi\u1ebfu Walmart.     <div class=\"po-container po-container_width_article\">\n        <a href=\"\/en\/quick-start\/\" class=\"po-line-banner po-article-page__line-banner\">\n            <svg class=\"svg-image po-line-banner__logo\" fill=\"currentColor\" width=\"auto\" height=\"auto\"\n                 aria-hidden=\"true\">\n                <use href=\"#svg-img-logo-white\"><\/use>\n            <\/svg>\n            <span class=\"po-line-banner__btn\">B\u1eaft \u0110\u1ea7u Giao D\u1ecbch<\/span>\n        <\/a>\n    <\/div>\n     <\/p>\n<h2>K\u1ebft Lu\u1eadn<\/h2>\n<p> Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng, c\u00e1c khung to\u00e1n h\u1ecdc v\u00e0 ph\u00e2n t\u00edch \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y cho th\u1ea5y m\u1ed9t c\u00f4ng ty c\u00f3 n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc, v\u1ecb th\u1ebf c\u1ea1nh tranh m\u1ea1nh m\u1ebd v\u00e0 tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng h\u1ee3p l\u00fd. Ph\u00e2n t\u00edch d\u00f2ng ti\u1ec1n chi\u1ebft kh\u1ea5u cho th\u1ea5y gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u01a1 s\u1edf l\u00e0 $176 m\u1ed7i c\u1ed5 phi\u1ebfu, v\u1edbi \u0111\u1ed9 nh\u1ea1y c\u1ea3m v\u1edbi c\u00e1c c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng v\u00e0 gi\u1ea3 \u0111\u1ecbnh chi ph\u00ed v\u1ed1n. C\u00e1c ch\u1ec9 s\u1ed1 moat kinh t\u1ebf c\u1ee7a Walmart cho th\u1ea5y hi\u1ec7u qu\u1ea3 v\u1ed1n v\u01b0\u1ee3t tr\u1ed9i v\u00e0 s\u1ef1 \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3, trong khi c\u00e1c \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng trong th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed, ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe v\u00e0 qu\u1ea3ng c\u00e1o k\u1ef9 thu\u1eadt s\u1ed1 mang l\u1ea1i c\u01a1 h\u1ed9i m\u1edf r\u1ed9ng \u00fd ngh\u0129a. C\u00e1c m\u00f4 ph\u1ecfng l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro ch\u1ec9 ra l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn trung b\u00ecnh l\u00e0 9.2% trong kho\u1ea3ng th\u1eddi gian n\u0103m n\u0103m, v\u1edbi x\u00e1c su\u1ea5t 47% v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi th\u1ecb tr\u01b0\u1eddng r\u1ed9ng l\u1edbn h\u01a1n. \u0110\u1ed1i v\u1edbi h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, Walmart \u0111\u1ea1i di\u1ec7n cho m\u1ed9t kho\u1ea3n n\u1eafm gi\u1eef c\u1ed1t l\u00f5i ti\u1ec1m n\u0103ng mang l\u1ea1i s\u1ef1 ph\u00f2ng th\u1ee7, t\u0103ng tr\u01b0\u1edfng v\u1eeba ph\u1ea3i v\u00e0 t\u1ea1o thu nh\u1eadp th\u00f4ng qua c\u1ed5 t\u1ee9c. C\u00e1c c\u00f4ng c\u1ee5 c\u00f3 s\u1eb5n th\u00f4ng qua Pocket Option c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n x\u00e1c \u0111\u1ecbnh k\u00edch th\u01b0\u1edbc v\u1ecb th\u1ebf t\u1ed1i \u01b0u, th\u1eddi \u0111i\u1ec3m v\u00e0o l\u1ec7nh v\u00e0 t\u00edch h\u1ee3p v\u1edbi chi\u1ebfn l\u01b0\u1ee3c danh m\u1ee5c \u0111\u1ea7u t\u01b0 r\u1ed9ng l\u1edbn h\u01a1n c\u1ee7a b\u1ea1n. Cu\u1ed1i c\u00f9ng, quy\u1ebft \u0111\u1ecbnh li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart kh\u00f4ng n\u00ean d\u1ef1a tr\u00ean c\u00e1c m\u1ee5c ti\u00eau \u0111\u1ea7u t\u01b0 c\u1ee5 th\u1ec3, th\u1eddi gian v\u00e0 kh\u1ea3 n\u0103ng ch\u1ecbu r\u1ee7i ro c\u1ee7a b\u1ea1n. C\u00e1c khung \u0111\u1ecbnh l\u01b0\u1ee3ng \u0111\u01b0\u1ee3c tr\u00ecnh b\u00e0y cung c\u1ea5p m\u1ed9t n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc \u0111\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u00f3 v\u1edbi s\u1ef1 t\u1ef1 tin thay v\u00ec suy \u0111o\u00e1n.<\/p>\n"},"faq":[{"question":"C\u00e1c t\u1ef7 l\u1ec7 t\u00e0i ch\u00ednh quan tr\u1ecdng nh\u1ea5t \u0111\u1ec3 ph\u00e2n t\u00edch khi xem x\u00e9t c\u1ed5 phi\u1ebfu Walmart l\u00e0 g\u00ec?","answer":"Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng, h\u00e3y t\u1eadp trung v\u00e0o c\u00e1c t\u1ef7 l\u1ec7 \u0111o l\u01b0\u1eddng kh\u1ea3 n\u0103ng sinh l\u1eddi (bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng, ROIC), \u0111\u1ecbnh gi\u00e1 (P\/E, EV\/EBITDA, P\/FCF), hi\u1ec7u qu\u1ea3 (v\u00f2ng quay h\u00e0ng t\u1ed3n kho, v\u00f2ng quay t\u00e0i s\u1ea3n), v\u00e0 s\u1ef1 \u1ed5n \u0111\u1ecbnh t\u00e0i ch\u00ednh (n\u1ee3 tr\u00ean EBITDA, kh\u1ea3 n\u0103ng thanh to\u00e1n l\u00e3i vay). So s\u00e1nh c\u00e1c ch\u1ec9 s\u1ed1 n\u00e0y v\u1edbi c\u1ea3 c\u00e1c \u0111\u1ed1i th\u1ee7 trong ng\u00e0nh v\u00e0 c\u00e1c m\u1ee9c trung b\u00ecnh l\u1ecbch s\u1eed c\u1ee7a Walmart \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xu h\u01b0\u1edbng v\u00e0 hi\u1ec7u su\u1ea5t t\u01b0\u01a1ng \u0111\u1ed1i. Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch t\u1ef7 l\u1ec7 to\u00e0n di\u1ec7n c\u00f3 th\u1ec3 \u0111\u01a1n gi\u1ea3n h\u00f3a qu\u00e1 tr\u00ecnh \u0111\u00e1nh gi\u00e1 n\u00e0y."},{"question":"Chi\u1ebfn l\u01b0\u1ee3c th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a Walmart \u1ea3nh h\u01b0\u1edfng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ebfn ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a n\u00f3?","answer":"S\u00e1ng ki\u1ebfn th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a Walmart l\u00e0 m\u1ed9t vector t\u0103ng tr\u01b0\u1edfng quan tr\u1ecdng v\u1edbi ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng h\u00e0ng n\u0103m t\u1eeb 15-20%. C\u00f4ng ty \u0111\u00e3 \u0111\u1ea7u t\u01b0 \u0111\u00e1ng k\u1ec3 v\u00e0o c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng tr\u1ef1c tuy\u1ebfn, giao h\u00e0ng ch\u1eb7ng cu\u1ed1i v\u00e0 t\u00edch h\u1ee3p \u0111a k\u00eanh \u0111\u1ec3 c\u1ea1nh tranh v\u1edbi Amazon. M\u1eb7c d\u00f9 ban \u0111\u1ea7u l\u00e0m gi\u1ea3m bi\u00ean l\u1ee3i nhu\u1eadn, nh\u01b0ng nh\u1eefng kho\u1ea3n \u0111\u1ea7u t\u01b0 n\u00e0y \u0111ang cho th\u1ea5y s\u1ef1 c\u1ea3i thi\u1ec7n v\u1ec1 kinh t\u1ebf theo th\u1eddi gian. Khi xem x\u00e9t c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng, h\u00e3y \u0111\u00e1nh gi\u00e1 s\u1ef1 gia t\u0103ng th\u1ecb ph\u1ea7n th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a c\u00f4ng ty, chi ph\u00ed thu h\u00fat kh\u00e1ch h\u00e0ng v\u00e0 s\u1ef1 h\u1ed9i t\u1ee5 c\u1ee7a tr\u1ea3i nghi\u1ec7m mua s\u1eafm tr\u1ef1c tuy\u1ebfn\/ngo\u1ea1i tuy\u1ebfn nh\u01b0 nh\u1eefng ch\u1ec9 s\u1ed1 quan tr\u1ecdng cho s\u1ef1 th\u00e0nh c\u00f4ng trong t\u01b0\u01a1ng lai."},{"question":"Ch\u00ednh s\u00e1ch c\u1ed5 t\u1ee9c c\u1ee7a Walmart c\u00f3 t\u00e1c \u0111\u1ed9ng g\u00ec \u0111\u1ebfn t\u1ed5ng l\u1ee3i nhu\u1eadn?","answer":"C\u1ed5 t\u1ee9c c\u1ee7a Walmart \u0111\u1ea1i di\u1ec7n cho m\u1ed9t th\u00e0nh ph\u1ea7n quan tr\u1ecdng c\u1ee7a t\u1ed5ng l\u1ee3i nhu\u1eadn c\u1ed5 \u0111\u00f4ng, hi\u1ec7n \u0111ang c\u00f3 t\u1ef7 su\u1ea5t kho\u1ea3ng 1,8%. C\u00f4ng ty \u0111\u00e3 t\u0103ng c\u1ed5 t\u1ee9c trong 49 n\u0103m li\u00ean ti\u1ebfp, th\u1ec3 hi\u1ec7n cam k\u1ebft m\u1ea1nh m\u1ebd trong vi\u1ec7c tr\u1ea3 l\u1ea1i ti\u1ec1n m\u1eb7t cho c\u1ed5 \u0111\u00f4ng. Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart \u0111\u1ec3 ki\u1ebfm thu nh\u1eadp hay kh\u00f4ng, h\u00e3y xem x\u00e9t kh\u00f4ng ch\u1ec9 t\u1ef7 su\u1ea5t hi\u1ec7n t\u1ea1i m\u00e0 c\u00f2n t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng c\u1ed5 t\u1ee9c (l\u1ecbch s\u1eed 1,5-2,5% h\u00e0ng n\u0103m) v\u00e0 t\u1ef7 l\u1ec7 chi tr\u1ea3 (kho\u1ea3ng 45% l\u1ee3i nhu\u1eadn), \u0111i\u1ec1u n\u00e0y cho th\u1ea5y t\u00ednh b\u1ec1n v\u1eefng v\u00e0 kh\u1ea3 n\u0103ng t\u0103ng tr\u01b0\u1edfng trong t\u01b0\u01a1ng lai."},{"question":"C\u1ed5 phi\u1ebfu Walmart nh\u1ea1y c\u1ea3m nh\u01b0 th\u1ebf n\u00e0o v\u1edbi c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 nh\u01b0 l\u1ea1m ph\u00e1t v\u00e0 suy tho\u00e1i?","answer":"Walmart \u0111\u00e3 th\u1ec3 hi\u1ec7n c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ph\u00f2ng th\u1ee7 trong c\u00e1c cu\u1ed9c suy tho\u00e1i kinh t\u1ebf, th\u01b0\u1eddng v\u01b0\u1ee3t tr\u1ed9i h\u01a1n so v\u1edbi th\u1ecb tr\u01b0\u1eddng chung trong c\u00e1c cu\u1ed9c suy tho\u00e1i khi ng\u01b0\u1eddi ti\u00eau d\u00f9ng tr\u1edf n\u00ean nh\u1ea1y c\u1ea3m h\u01a1n v\u1edbi gi\u00e1 c\u1ea3. Tuy nhi\u00ean, l\u1ea1m ph\u00e1t mang l\u1ea1i t\u00e1c \u0111\u1ed9ng h\u1ed7n h\u1ee3p: m\u1eb7c d\u00f9 Walmart c\u00f3 l\u1ee3i th\u1ebf v\u1ec1 quy m\u00f4 trong vi\u1ec7c qu\u1ea3n l\u00fd \u00e1p l\u1ef1c chu\u1ed7i cung \u1ee9ng, nh\u01b0ng bi\u00ean l\u1ee3i nhu\u1eadn m\u1ecfng khi\u1ebfn n\u00f3 d\u1ec5 b\u1ecb t\u1ed5n th\u01b0\u01a1ng tr\u01b0\u1edbc s\u1ef1 gia t\u0103ng chi ph\u00ed m\u00e0 kh\u00f4ng th\u1ec3 ho\u00e0n to\u00e0n chuy\u1ec3n sang cho kh\u00e1ch h\u00e0ng nh\u1ea1y c\u1ea3m v\u1edbi gi\u00e1 c\u1ea3. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 m\u00f4 h\u00ecnh kinh t\u1ebf v\u0129 m\u00f4 c\u1ee7a Pocket Option c\u00f3 th\u1ec3 ki\u1ec3m tra s\u1ee9c ch\u1ecbu \u0111\u1ef1ng c\u1ee7a hi\u1ec7u su\u1ea5t Walmart d\u01b0\u1edbi c\u00e1c k\u1ecbch b\u1ea3n kinh t\u1ebf kh\u00e1c nhau khi quy\u1ebft \u0111\u1ecbnh c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng."},{"question":"T\u00e1c \u0111\u1ed9ng ti\u1ec1m n\u0103ng c\u1ee7a c\u00e1c th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf \u0111\u1ebfn t\u0103ng tr\u01b0\u1edfng t\u01b0\u01a1ng lai c\u1ee7a Walmart l\u00e0 g\u00ec?","answer":"Ho\u1ea1t \u0111\u1ed9ng qu\u1ed1c t\u1ebf chi\u1ebfm kho\u1ea3ng 23% doanh thu c\u1ee7a Walmart v\u1edbi l\u1ee3i nhu\u1eadn kh\u00e1c nhau \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng. C\u00f4ng ty \u0111\u00e3 chuy\u1ec3n h\u01b0\u1edbng chi\u1ebfn l\u01b0\u1ee3c qu\u1ed1c t\u1ebf c\u1ee7a m\u00ecnh \u0111\u1ec3 t\u1eadp trung v\u00e0o c\u00e1c th\u1ecb tr\u01b0\u1eddng c\u00f3 ti\u1ec1m n\u0103ng cao nh\u01b0 \u1ea4n \u0110\u1ed9 (th\u00f4ng qua Flipkart), Trung Qu\u1ed1c v\u00e0 Mexico trong khi tho\u00e1i v\u1ed1n kh\u1ecfi c\u00e1c khu v\u1ef1c k\u00e9m l\u1ee3i nhu\u1eadn h\u01a1n. Khi xem x\u00e9t c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng, h\u00e3y \u0111\u00e1nh gi\u00e1 t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf quan tr\u1ecdng n\u00e0y, r\u1ee7i ro ph\u00e1p l\u00fd v\u00e0 ti\u1ec1m n\u0103ng c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn khi ho\u1ea1t \u0111\u1ed9ng m\u1edf r\u1ed9ng quy m\u00f4. M\u1edf r\u1ed9ng qu\u1ed1c t\u1ebf mang l\u1ea1i c\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 nh\u01b0ng \u0111i k\u00e8m v\u1edbi nh\u1eefng th\u00e1ch th\u1ee9c trong th\u1ef1c hi\u1ec7n \u0111\u00f2i h\u1ecfi s\u1ef1 gi\u00e1m s\u00e1t c\u1ea9n th\u1eadn."}],"faq_source":{"label":"FAQ","type":"repeater","formatted_value":[{"question":"C\u00e1c t\u1ef7 l\u1ec7 t\u00e0i ch\u00ednh quan tr\u1ecdng nh\u1ea5t \u0111\u1ec3 ph\u00e2n t\u00edch khi xem x\u00e9t c\u1ed5 phi\u1ebfu Walmart l\u00e0 g\u00ec?","answer":"Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng, h\u00e3y t\u1eadp trung v\u00e0o c\u00e1c t\u1ef7 l\u1ec7 \u0111o l\u01b0\u1eddng kh\u1ea3 n\u0103ng sinh l\u1eddi (bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng, ROIC), \u0111\u1ecbnh gi\u00e1 (P\/E, EV\/EBITDA, P\/FCF), hi\u1ec7u qu\u1ea3 (v\u00f2ng quay h\u00e0ng t\u1ed3n kho, v\u00f2ng quay t\u00e0i s\u1ea3n), v\u00e0 s\u1ef1 \u1ed5n \u0111\u1ecbnh t\u00e0i ch\u00ednh (n\u1ee3 tr\u00ean EBITDA, kh\u1ea3 n\u0103ng thanh to\u00e1n l\u00e3i vay). So s\u00e1nh c\u00e1c ch\u1ec9 s\u1ed1 n\u00e0y v\u1edbi c\u1ea3 c\u00e1c \u0111\u1ed1i th\u1ee7 trong ng\u00e0nh v\u00e0 c\u00e1c m\u1ee9c trung b\u00ecnh l\u1ecbch s\u1eed c\u1ee7a Walmart \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xu h\u01b0\u1edbng v\u00e0 hi\u1ec7u su\u1ea5t t\u01b0\u01a1ng \u0111\u1ed1i. Pocket Option cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch t\u1ef7 l\u1ec7 to\u00e0n di\u1ec7n c\u00f3 th\u1ec3 \u0111\u01a1n gi\u1ea3n h\u00f3a qu\u00e1 tr\u00ecnh \u0111\u00e1nh gi\u00e1 n\u00e0y."},{"question":"Chi\u1ebfn l\u01b0\u1ee3c th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a Walmart \u1ea3nh h\u01b0\u1edfng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ebfn ti\u1ec1m n\u0103ng \u0111\u1ea7u t\u01b0 c\u1ee7a n\u00f3?","answer":"S\u00e1ng ki\u1ebfn th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a Walmart l\u00e0 m\u1ed9t vector t\u0103ng tr\u01b0\u1edfng quan tr\u1ecdng v\u1edbi ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng h\u00e0ng n\u0103m t\u1eeb 15-20%. C\u00f4ng ty \u0111\u00e3 \u0111\u1ea7u t\u01b0 \u0111\u00e1ng k\u1ec3 v\u00e0o c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng tr\u1ef1c tuy\u1ebfn, giao h\u00e0ng ch\u1eb7ng cu\u1ed1i v\u00e0 t\u00edch h\u1ee3p \u0111a k\u00eanh \u0111\u1ec3 c\u1ea1nh tranh v\u1edbi Amazon. M\u1eb7c d\u00f9 ban \u0111\u1ea7u l\u00e0m gi\u1ea3m bi\u00ean l\u1ee3i nhu\u1eadn, nh\u01b0ng nh\u1eefng kho\u1ea3n \u0111\u1ea7u t\u01b0 n\u00e0y \u0111ang cho th\u1ea5y s\u1ef1 c\u1ea3i thi\u1ec7n v\u1ec1 kinh t\u1ebf theo th\u1eddi gian. Khi xem x\u00e9t c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng, h\u00e3y \u0111\u00e1nh gi\u00e1 s\u1ef1 gia t\u0103ng th\u1ecb ph\u1ea7n th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a c\u00f4ng ty, chi ph\u00ed thu h\u00fat kh\u00e1ch h\u00e0ng v\u00e0 s\u1ef1 h\u1ed9i t\u1ee5 c\u1ee7a tr\u1ea3i nghi\u1ec7m mua s\u1eafm tr\u1ef1c tuy\u1ebfn\/ngo\u1ea1i tuy\u1ebfn nh\u01b0 nh\u1eefng ch\u1ec9 s\u1ed1 quan tr\u1ecdng cho s\u1ef1 th\u00e0nh c\u00f4ng trong t\u01b0\u01a1ng lai."},{"question":"Ch\u00ednh s\u00e1ch c\u1ed5 t\u1ee9c c\u1ee7a Walmart c\u00f3 t\u00e1c \u0111\u1ed9ng g\u00ec \u0111\u1ebfn t\u1ed5ng l\u1ee3i nhu\u1eadn?","answer":"C\u1ed5 t\u1ee9c c\u1ee7a Walmart \u0111\u1ea1i di\u1ec7n cho m\u1ed9t th\u00e0nh ph\u1ea7n quan tr\u1ecdng c\u1ee7a t\u1ed5ng l\u1ee3i nhu\u1eadn c\u1ed5 \u0111\u00f4ng, hi\u1ec7n \u0111ang c\u00f3 t\u1ef7 su\u1ea5t kho\u1ea3ng 1,8%. C\u00f4ng ty \u0111\u00e3 t\u0103ng c\u1ed5 t\u1ee9c trong 49 n\u0103m li\u00ean ti\u1ebfp, th\u1ec3 hi\u1ec7n cam k\u1ebft m\u1ea1nh m\u1ebd trong vi\u1ec7c tr\u1ea3 l\u1ea1i ti\u1ec1n m\u1eb7t cho c\u1ed5 \u0111\u00f4ng. Khi \u0111\u00e1nh gi\u00e1 li\u1ec7u b\u1ea1n c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Walmart \u0111\u1ec3 ki\u1ebfm thu nh\u1eadp hay kh\u00f4ng, h\u00e3y xem x\u00e9t kh\u00f4ng ch\u1ec9 t\u1ef7 su\u1ea5t hi\u1ec7n t\u1ea1i m\u00e0 c\u00f2n t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng c\u1ed5 t\u1ee9c (l\u1ecbch s\u1eed 1,5-2,5% h\u00e0ng n\u0103m) v\u00e0 t\u1ef7 l\u1ec7 chi tr\u1ea3 (kho\u1ea3ng 45% l\u1ee3i nhu\u1eadn), \u0111i\u1ec1u n\u00e0y cho th\u1ea5y t\u00ednh b\u1ec1n v\u1eefng v\u00e0 kh\u1ea3 n\u0103ng t\u0103ng tr\u01b0\u1edfng trong t\u01b0\u01a1ng lai."},{"question":"C\u1ed5 phi\u1ebfu Walmart nh\u1ea1y c\u1ea3m nh\u01b0 th\u1ebf n\u00e0o v\u1edbi c\u00e1c y\u1ebfu t\u1ed1 kinh t\u1ebf v\u0129 m\u00f4 nh\u01b0 l\u1ea1m ph\u00e1t v\u00e0 suy tho\u00e1i?","answer":"Walmart \u0111\u00e3 th\u1ec3 hi\u1ec7n c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ph\u00f2ng th\u1ee7 trong c\u00e1c cu\u1ed9c suy tho\u00e1i kinh t\u1ebf, th\u01b0\u1eddng v\u01b0\u1ee3t tr\u1ed9i h\u01a1n so v\u1edbi th\u1ecb tr\u01b0\u1eddng chung trong c\u00e1c cu\u1ed9c suy tho\u00e1i khi ng\u01b0\u1eddi ti\u00eau d\u00f9ng tr\u1edf n\u00ean nh\u1ea1y c\u1ea3m h\u01a1n v\u1edbi gi\u00e1 c\u1ea3. Tuy nhi\u00ean, l\u1ea1m ph\u00e1t mang l\u1ea1i t\u00e1c \u0111\u1ed9ng h\u1ed7n h\u1ee3p: m\u1eb7c d\u00f9 Walmart c\u00f3 l\u1ee3i th\u1ebf v\u1ec1 quy m\u00f4 trong vi\u1ec7c qu\u1ea3n l\u00fd \u00e1p l\u1ef1c chu\u1ed7i cung \u1ee9ng, nh\u01b0ng bi\u00ean l\u1ee3i nhu\u1eadn m\u1ecfng khi\u1ebfn n\u00f3 d\u1ec5 b\u1ecb t\u1ed5n th\u01b0\u01a1ng tr\u01b0\u1edbc s\u1ef1 gia t\u0103ng chi ph\u00ed m\u00e0 kh\u00f4ng th\u1ec3 ho\u00e0n to\u00e0n chuy\u1ec3n sang cho kh\u00e1ch h\u00e0ng nh\u1ea1y c\u1ea3m v\u1edbi gi\u00e1 c\u1ea3. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 m\u00f4 h\u00ecnh kinh t\u1ebf v\u0129 m\u00f4 c\u1ee7a Pocket Option c\u00f3 th\u1ec3 ki\u1ec3m tra s\u1ee9c ch\u1ecbu \u0111\u1ef1ng c\u1ee7a hi\u1ec7u su\u1ea5t Walmart d\u01b0\u1edbi c\u00e1c k\u1ecbch b\u1ea3n kinh t\u1ebf kh\u00e1c nhau khi quy\u1ebft \u0111\u1ecbnh c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng."},{"question":"T\u00e1c \u0111\u1ed9ng ti\u1ec1m n\u0103ng c\u1ee7a c\u00e1c th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf \u0111\u1ebfn t\u0103ng tr\u01b0\u1edfng t\u01b0\u01a1ng lai c\u1ee7a Walmart l\u00e0 g\u00ec?","answer":"Ho\u1ea1t \u0111\u1ed9ng qu\u1ed1c t\u1ebf chi\u1ebfm kho\u1ea3ng 23% doanh thu c\u1ee7a Walmart v\u1edbi l\u1ee3i nhu\u1eadn kh\u00e1c nhau \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng. C\u00f4ng ty \u0111\u00e3 chuy\u1ec3n h\u01b0\u1edbng chi\u1ebfn l\u01b0\u1ee3c qu\u1ed1c t\u1ebf c\u1ee7a m\u00ecnh \u0111\u1ec3 t\u1eadp trung v\u00e0o c\u00e1c th\u1ecb tr\u01b0\u1eddng c\u00f3 ti\u1ec1m n\u0103ng cao nh\u01b0 \u1ea4n \u0110\u1ed9 (th\u00f4ng qua Flipkart), Trung Qu\u1ed1c v\u00e0 Mexico trong khi tho\u00e1i v\u1ed1n kh\u1ecfi c\u00e1c khu v\u1ef1c k\u00e9m l\u1ee3i nhu\u1eadn h\u01a1n. Khi xem x\u00e9t c\u00f3 n\u00ean mua c\u1ed5 phi\u1ebfu Walmart hay kh\u00f4ng, h\u00e3y \u0111\u00e1nh gi\u00e1 t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf quan tr\u1ecdng n\u00e0y, r\u1ee7i ro ph\u00e1p l\u00fd v\u00e0 ti\u1ec1m n\u0103ng c\u1ea3i thi\u1ec7n bi\u00ean l\u1ee3i nhu\u1eadn khi ho\u1ea1t \u0111\u1ed9ng m\u1edf r\u1ed9ng quy m\u00f4. M\u1edf r\u1ed9ng qu\u1ed1c t\u1ebf mang l\u1ea1i c\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 nh\u01b0ng \u0111i k\u00e8m v\u1edbi nh\u1eefng th\u00e1ch th\u1ee9c trong th\u1ef1c hi\u1ec7n \u0111\u00f2i h\u1ecfi s\u1ef1 gi\u00e1m s\u00e1t c\u1ea9n th\u1eadn."}]}},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>T\u00f4i C\u00f3 N\u00ean Mua C\u1ed5 Phi\u1ebfu Walmart: Ph\u00e2n T\u00edch Chuy\u00ean Gia V\u01b0\u1ee3t Qua C\u00e1c Ch\u1ec9 S\u1ed1 B\u1ec1 M\u1eb7t<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/should-i-buy-walmart-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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