opt for ecommerce over bigbox names when it comes to retail tocqueville asset managements john petrides says walmarts betterthanexpected fiscal thirdquarter earnings werent enough to maintain the stocks yeartodate gain with the shares going negative for 2021 during tuesdays session rival targets stock also fell following its wednesday earnings beat though walmart ceo doug mcmillon called the companys global business underappreciated and highlighted its digital sales growth abroad its not the best ecommerce play out there petrides told cnbcs trading nation on tuesday what were seeing through walmart is that the us consumer is quite strong and walmarts sales grew nicely but the problem is inflationary costs and labor costs are crimping the bottom line the portfolio manager said that is a hurdle for bigbox retailers going forward he said you have to increase your ecommerce sales to survive and compete more effectively in the current environment petrides suggested looking into the amplify online retail etf ibuy a basket of 80 stocks at the forefront of ecommerce its top five holdings as of tuesday were newegg commerce the realreal bigcommerce holdings airbnb and etsy ecommerce sales was clearly the big accelerator and the big beneficiary that came out of covid petrides said were trying to get back to our old normal our old way of life but again with rising costs i think the consumer who is strong is still going to find more value on the ecommerce side of things and thats where we think more attraction is at its current levels walmarts stock didnt seem worth buying to inside edge capital management founder todd gordon either i like it but unfortunately i just cant put it in our dividend value portfolio gordon said in the same interview while he commended the company for not passing price increases onto its customers the stocks 15 dividend yield wasnt enough to sell him on the stock if you look at the chart we might have some support a little bit lower maybe around … 125130 gordon said but … the sp yielding 125 is making new highs on the year from an opportunity cost i cant justify it