Wal-Mart Shares Bounce to a New High Thanks to Online Innovation

In this segment of Motley Fool Money, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross weigh in on Wal-Mart Stores' (NYSE: WMT) third-quarter results, which were better than expected.

Just a few years ago, Wal-Mart's U.S. business was in decline, but recently, the giant retailer has been on a tear. How did Wal-Mart achieve these remarkable results, and where does it go from here? Then the guys try to put the situations of Wal-Mart and perennial disruptor Amazon (NASDAQ: AMZN) in context, given the impressive moves lately made by other retailer stocks.

A full transcript follows the video.

Source: Fool.com