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Jim Cramer Backs Walmart After 18% Slump: 'Buy It', Amid Falling Fuel Prices

Cramer said the retailer’s 17.5% drop since May has eased as fuel prices fall and price cuts could support sales.

Summary by IBTimes UK
Walmart shares have shed almost a fifth of their value since May, and CNBC's Jim Cramer is telling investors to treat that slump as an opening rather than a warning. The stock closed at $111.54 (£84) on Tuesday, down roughly 18 per cent from the record high of $135.16 (£101) it reached on 19 May. It has fallen for four straight weeks and is roughly flat for the year. Much of that damage, though, had little to do with Walmart itself. The retailer…

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, July 7, 2026.
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