Walmart's next acquisition could be a bust — at least in the near-term, analyst says (WMT)

AP/Nick Ut

• Walmart wants to buy Flipkart, India's version of Amazon.
• Walmart has entered the e-commerce space mainly through acquisitions. 
• This purchase is a bad idea, Oppenheimer analyst Rupesh Parikh wrote in a note to clients. 
• Watch Walmart trade in real time here.

Walmart's foray into e-commerce has been mainly through acquisitions, and the next move it could make may be a bust, according to Oppenheimer analyst Rupesh Parikh. 

"We...