Originally Posted by alarmguy
Originally Posted by PimTac
I would watch WMT closely here on out. They have enjoyed a brisk business but they are now implementing crowd controls at all their stores. Limited numbers of shoppers will be allowed at any one time. For some stores, non essential areas like garden and electronics will be closed off. In addition, most if not all the 24 hour stores are closing at night.
It will depend on how long this lasts. A month or two will be a blip. These measures will certainly affect their sales numbers.
The other factor to watch is the online shopping aspect. I'm not sure that will fill in completely for the loss of traffic but sales have jumped with online shoppers.
Im in WMT for the long haul. Its an investment which I went into big time in March 2019, way before the virus. I also felt it was sane with the P/E ratio at the time.
I believe in the management and where the company is heading, this has nothing to do with short term same store sales.
So far its been the right call, how could anyone ask for more? I am up on any given week 20% for the last year. (even though now I am picking up little bits at higher prices and really bad days)
Im impressed with their efforts to chip away at Amazon, their return policies and delivery pick up options are superior, actually amazing, something Amazon cant come close too.
I use the word "chip away" dont get me into a debate on Amazon vs Walmart *LOL* they are two completely different retailers. What I am saying is I can see Walmart grabbing a little more of the PIE from Amazon, just a little. If anything I would look to invest in Amazon for its cloud services, which is their meat and potatoes, not retailing.
Throw in Walmarts Physical locations and they have something going for them.
I think their family medicine pilot program in Texas is a slam dunk to bring lost cost Family Medicine and dental services across the USA.
These are just a few things. Again, no one is going to get rich quick on WMT but for me, its a darn solid company that pays a dividend every year and my personal belief is shows promise in its stock to greatly increase in value at almost no risk.
More or less a "Staple" in American life and will be curious how the family Medicine Locations work out. So far so good.
Anyway, wha the heck, my ideas are just as good or bad as anyone else, but for me, nothing could be better and every and any big dip in share price I try to buy a little more. Im pretty much fully invested in it, except for a smaller portion of WFC which was a mistake but, even that, I would buy more of right now. Then again, I like anyone else, what do I know ... ???
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(its kind of cool to be able to talk stocks in a civil manner and hope others keep it this way)
I agree that WMT is a good company and a good stock. There might be a slight pullback here due to less shoppers. My sense is that it will have far less impact on Walmart than it will on other retailers.
When you say you are fully invested in WMT, does that mean all your money is in their stock? As good as they are that's not a prudent way to invest. I'm not trying to jab you here but I know people who were all in on Apple or GE or United Airlines, mainly because of company stock plans since they worked for them. I know a pilot who lost a ton of his retirement in UAL.
Be careful.