1 Stock to Buy, 1 Stock to Sell This Week: Alibaba, Walmart
- U.S.-China trade talks, CPI inflation, and retail sales will be in focus this week.
- Alibaba is a buy with strong earnings, guidance beat on deck.
- Walmart is a sell with disappointing profit growth, outlook expected.
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U.S. stocks ended the week on a quiet note on Friday to cap a losing week, as investors awaited much-anticipated talks between U.S. and China officials on trade and economic issues.
For the week, the fell about 0.2%, the dipped around 0.5%, while the tech-heavy shed roughly 0.3%.
Source: Investing.com
More volatility could be in store this week as investors continue to assess the outlook for the economy, inflation, interest rates and…
