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Anyone buying WMT?

Posted on 10/14/15 at 11:26 am
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 10/14/15 at 11:26 am
Down around 10% today and currently sits at 61. I bought 110 shares in the low 70's thinking it had been beat up enough. Wrong.

Apparently at shareholder meeting today lowered guidance for the rest of this year and next year causing the tank. Also announced $20B share buyback.

Anyone with any thoughts?
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 10/14/15 at 11:41 am to
I wish I had some cash to throw into it right now. I think WalMart obviously has some staying power that these other companies don't have (Whole Foods for example). As soon as another slight recession hits I really think people will be jumping the organic/fresh foods ship to go back to WalMart.
This post was edited on 10/14/15 at 11:42 am
Posted by Hoyt
Alabama: The Beautiful
Member since Aug 2011
5394 posts
Posted on 10/14/15 at 2:48 pm to
Read where the Walton Family lost 9 BILLION today
This post was edited on 10/14/15 at 2:49 pm
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26580 posts
Posted on 10/14/15 at 3:28 pm to
I yearn for the day I can lose 9 billion dollars.
Posted by Porker Face
Eden Isle
Member since Feb 2012
15340 posts
Posted on 10/14/15 at 3:48 pm to
Yep
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 10/14/15 at 8:22 pm to
I'm thinking about it but too early for me to buy. One thing that holds me back is that I don't like to shop there.
Posted by Jag_Warrior
Virginia
Member since May 2015
4112 posts
Posted on 10/14/15 at 9:33 pm to
I don't like Microsoft products or Bill Gates. But I've made more than a few sheckels from trading MSFT over the years. Emotion should have no affect on an investment or trading decision.

I haven't looked at WMT lately. But I may add it to a watchlist now.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 10/14/15 at 10:59 pm to
What's the new P/E? Dividend?
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45568 posts
Posted on 10/14/15 at 11:19 pm to
12.55
3.27%
Posted by K E V 8 4
Member since Jul 2010
608 posts
Posted on 10/15/15 at 8:52 am to
I did the same thing (bought in low 70s). And this, after having a few shares at $60 for many years and closing that position out, only to see then see it rise to hit 90.

I am buying here, given 3.3% div yield and prospects for cycling back up.
Posted by K E V 8 4
Member since Jul 2010
608 posts
Posted on 10/15/15 at 8:54 am to
quote:

lost


No.....unless they actually sold stock, they didn't "lose" anything....yet.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 10/15/15 at 8:59 am to
Morningstar just upgraded them to 5*

"We expect to lower our $79 fair value estimate for Wal-Mart by approximately 5%, but we believe the nearly 10% sell-off in Wal-Mart’s shares following the company’s fiscal 2017 guidance (earnings expected to be down 6%-12%) represents an overreaction and a buying opportunity in this wide-moat firm. With shares trading around 13-14 times fiscal 2017 earnings, we think that Wal-Mart shares warrant a closer look."
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7222 posts
Posted on 10/15/15 at 9:26 am to
I just bought some at $60.00 for long term. I could see it going lower but I still feel like at $60, it's a value.

ETA: Looks like I should have held out longer
This post was edited on 10/15/15 at 10:25 am
Posted by Delacroix
Member since Oct 2008
3987 posts
Posted on 10/15/15 at 10:52 am to
They are building Neighborhood Walmarts everywhere right now to compete with small town grocers. Im buying for the long term.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 10/15/15 at 11:53 am to
One of the reasons I bought at $72. We have 3 coming in my town alone.
Posted by Sho Nuff
Oahu
Member since Feb 2009
11918 posts
Posted on 10/15/15 at 12:56 pm to
Just picked up 34 shares at $58.72. Long
Posted by SomeGuyFromLA
Texas
Member since Dec 2014
139 posts
Posted on 10/15/15 at 12:56 pm to
I'm in @ 58.87


only 50 shares, though
Posted by Shepherd88
Member since Dec 2013
4590 posts
Posted on 10/15/15 at 1:48 pm to
I listened to the motley fool interview yesterday and basically the WMT guy said.. Yep, raising our minimum wage didn't seem like too good of an idea now.. Haha
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8526 posts
Posted on 10/15/15 at 3:42 pm to
In long at $58.93.
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 10/15/15 at 6:07 pm to
quote:

Emotion should have no affect on an investment or trading decision.


I didn't say it was my only criteria. I've owned WMT before.

I disagree that it is emotion that is at play. For investing, particularly retail, personal shopping experiences is a legitimate data point but not the only one.
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