Gilford Securities Reiterates Wal-Mart Buy

Gilford Securities reiterated its Wal-Mart (NYSE: WMT) Buy rating in a research report published today.

In the report, Gilford Securities states, "A correction of errors is underway in time for the back-to-school season, and we think US Walmart's same-store sales will be positive before the end of 2011, as planned."

Shares of Wal-Mart were trading at $49.06 at the time of posting, up 0.29% from Monday's market close.