Walmart (WMT) made headlines when word got out that Black Friday will now be a week-long affair for the blue and yellow big box retailer.

The update from Walmart got me thinking about WMT stock. After all, Black Friday is fast approaching, and Walmart is a perennial favorite of pre-dawn bargain hunters. The Friday after November marks what should be the happiest time of year for Wall Street — and Main Street. So, Walmart is sure to get a piece of the action, right?

Well, yes, but not enough of the action, in my opinion. For the fourth quarter, Wall Street expects Walmart to see sales climb 2.8% and earnings to fall 1.9% compared with Q4 2013. The fact is that the same-store sales growth and customer traffic is stagnating, partly due to changing consumer preferences and a mediocre customer experience at many of its locations. As a result, Walmart plans to open between 60 and 70 supercenters in fiscal 2016, down substantially from the 120 supercenters planned for fiscal 2015.

Walmart just announced third quarter earnings and the results came in mixed compared to Wall Street’s expectations. Walmart stock has reacted to the news by rallying more than 2% higher. So, let’s break down the results and Walmart’s outlook on the fourth quarter to determine if we should consider initiating long-term positions right now.

Walmart’s earnings-per-share increased 0.9%, and its revenue increased 2.8% compared to the third quarter a year ago; these results were driven by comparable-store sales rising 0.5% in the U.S., including 0.5% growth at Walmart U.S., 0.4% growth at Sam’s Club, 5.5% growth at Neighborhood Market formatted stores and revenue growth in all three of Walmart’s business segments.

I could go on and on about what WMT needs to change before it becomes a “buy” in my book, but a picture is worth a thousand words. So, I’ll let this snapshot from Portfolio Grader speak for itself:

So, while some bargain hunters will undoubtedly flock to Walmart during Black Friday “week,” WMT shares aren’t a good deal. WMT is a “C-rated hold.”

Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth, Emerging Growth, Ultimate Growth, Family Trust and Platinum Growth. His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.