2006-09-29 16:37:30 · 8 answers · asked by Villain 6 in Business & Finance ➔ Investing
Ask your self this question: Do I think that Wal-Mart has the best chance of doubling over the next 3 years? Wal-Mart is already the largest company in America in terms of headcount. It was recently surpassed by Exxon in terms of revenue, but there are no macroeconomic forces blowing in Wal-Mart's favor. There are plenty of small competitors in the Consumer Staples sector that have a greater chance for growth. In other words, would you rather buy Wal-Mart now or 20 years ago? Wal-Mart's growth days are over. It's just another blue chip now. I would find something smaller. Of course this is not a recommendation, just educational stuff... It all depends on why you have Wal-Mart in the first place. If you want a recommendation, just out the Gradient system on CNBC.com
2006-09-29 16:52:11 · answer #1 · answered by Curious 2 · 0⤊ 0⤋
It depends ..do u need the money if not leave it or sell at the peak and buy back at a low. Remember Walmart like some stocks r keyed to the price of oil. Today (9-29-06) was strange for the oil ministers backdown on an oil increase. I buy on the cheap. I had GM and bought Ford @ 8 and ELN @ 6 and I could go on and on. I wait for the stocks to take a dive then buy. I bought Merck and PFE and have a lot of money. But the best way to play the market is by Mutual funds and let the pros do it. Go to the library and look for the NO LOAD FUNDS in MoringStar which rates the funds and do you homework. Walmark is very progressive so is Yahoo. The gambles were Boeing, Apple,and GM to mention a few. Keep this in mind the market returns 10% as oppose to the low rates of the bank but we have a saying in the MARKET if you can't afford to lose it then don't get into the market. I am into realestate, and doing the E0bay thing as well and traveling and I retired @56 and really don't need to work but still make money for it is what I do best.
2006-09-29 23:49:22 · answer #2 · answered by spook12spook12 2 · 0⤊ 0⤋
Hold it for a little longer.
Right now, Walmart's making a decent run back through recent resistance. It's in a trend. Same store sales were good and it might be ok through year end. Just draw a line on the trend that Walmart's following and sell once the trend's broken!
2006-09-30 03:14:23 · answer #3 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
You should wait. Wal-Mart is growing very quickly.
2006-09-29 23:46:46 · answer #4 · answered by shotohell7 2 · 0⤊ 0⤋
Survey says...............sell later. Wal-Mart is becoming biiger everyday!
2006-09-30 11:48:25 · answer #5 · answered by lamar36116 2 · 0⤊ 0⤋
A definite hold at the moment.
2006-09-29 23:51:14 · answer #6 · answered by . 6 · 0⤊ 0⤋
I suggest you to hold it until you die and also to buy more each week.
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2006-09-30 19:50:14 · answer #7 · answered by Anonymous · 0⤊ 0⤋
wait or re-invest it
2006-09-29 23:39:20 · answer #8 · answered by Anonymous · 0⤊ 0⤋