Have you not seen the documentary on Walmart being evil?
It basically documents a small hardware store and all the surrounding businesses in the town basically being put out of business due to a new walmart opening. The whole town ends up working at walmart when one moves into small towns and the small mom and pops are screwed and cant compete.
It also detailed how walmart basically put a company on forbes most admired list out of business bc the company needed to raise the cost of the trash cans it produced bc costs went up but walmart refused to pay a higher price and it wiped out another town where that company was
Forgot the name, but great documentary....look I love walmart stock, hate the company, but as an investor I don't care......hell my biggest holding is phillip morris and it kills more people than you can imagine, but that doesnt keep altria + phillip morris from being the best performing stock of all time.....Im just here to make money
as for shell,exxon,conoco,and chevron....buy and hold them for the rest of your lives...just remember every day there is less oil on planet earth than there was when the day started.......and o ya we need it for just about everything and more and more people are driving in emerging countries like india and china.....honestly my favorite oil play besides shell is SINOPEC in china
This post was edited on 3/25 at 1:39 pm