Do you know how many people WMT employs? Without them the unemployment problem would be far worse. Here's the thing; go ahead and pay more at other stores for the same product. Who's ripping you off? If you don't like WMT you can shop at Fred Meyer and pay 40 cents more per item.
Christmas will bring WMT and all retail stocks back up some. No worries. Collect the div. and chill.
You can't get a payout with cash so many will look to invest in this stock since I doubt there will be a rate hike in Sept. as anticipated before this Greek mess. Now it looks like 2016 for a hike but not until the 2nd half of the year.
If things are so great in the economy and stock market, why is INTC laying off people and McDonald's closing down stores? I bought INTC last week and sold today but do not understand their need to cut jobs unless they are not making money or hitting their targets. Just a thought. . .
Then buy WMT with a PE of 14 and near a 52 week low. They have 76 billion in cash and Christmas is just around the corner. WMT will be back to 80 by then. I love COSTCO and shop there all the time but that stock price is waaaay up there. I have owned it several times and will again if it pulls back. If KR reports good numbers tomorrow I think COST-WMT and other food retailers will rally.
How did they get 76 billion dollars in cash? Their online business is off the charts and growing. As many people shop at Sams Club as Costco and just wait until the holiday season. Bash all you want; this thing is going higher. You don't have to shop at WMT to own the stock to profit.
If neither of you like the stock, why are you on the message board? Why not post on the board of a stock that you actually own? I doubt either of you hold much of anything. About the 15 times earnings, KR has 21 times.
WMT has an EPS of 4.98. KR's EPS is 3.44. You do know that the higher that number is the more profitable the company is. If you ever see a stock with a negative EPS number, they are bleeding money. You have stated no intelligent posts, just bashing so get some facts. I did not buy WMT near its 52 week high and I suggest not buying KR near a 52 week high. Money can be made on both stocks so no need to post negative comments. It's just right now WMT is in a better position to gain back market share as it looks like it may have bottomed. Ever hear of buy low, sell higher?
KR is a 35 billion dollar company with a PE of 21 paying 1% div. WMT is a 233 billion dollar company with a lower PE of 14 and pays a higher dividend of 2.7%. They are trading about the same price per share-which would you rather own? WMT beats hands down plus has well over 76 billion in cash. Christmas shoppers will be out in force in 4-5 months. Get in before the run-up to $80.00
You are so smart printing this word for word from another writer's article. So what do you have to say about WMT since this board is not for your political contributions.
You forgot one thing. That's 18 million dollars left. I am sure he bought these for pennies or given shares in the form of options. Even if he slowly sells his own shares he is set for life. How many bio stocks have had this same action? Many have lost 1/2 their money with these one trick ponies but not the insiders. They trump up some new drug and the race is on to line their own pockets. Beware-buy well known drug companies like BMY-MRK-PFE and you won't get burned.
The article also mentioned many other companies doing the same thing. This has been going on for decades and the unions really want Walmart employees since there are thousands and they could line their pockets even more. If Walmart were to bring those billions home; look for one hefty one time extra dividend to its shareholders. That's one way to not pay taxes on some of that money. Of course they would be paying themselves too plus buying back stock.
That might be so but WMT is going to climb faster from here all the way up until Christmas and should have huge sales on their drone announcement which will be fully stocked in all price ranges per the most recent news article. They're on top of it.
Walmart bought out 13 of their stores and their distribution center in Canada. TGT is bleeding money and I cannot figure out why it's higher with a negative EPS.
Here's the deal on Target. It sports a negative EPS. That should be on the positive side. Compare to Walmart that has a very low PE and should climb back up before Christmas shopping while paying a nice dividend to boot.