Walmart Inc (WMT): Walmart is executing and has been since...

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traderfjp

Re: slimhere post# 1725

Tuesday, 12/22/2020 3:41:33 PM

Tuesday, December 22, 2020 3:41:33 PM

Walmart is executing and has been since its ipo. If you bought 100 shares at ipo it would be worth 4.3 million. They have 6100 stores. 90% of the us population lives within 10 minutes of a Walmart. They know how to execute. They will become a tech company because they have too and they will compete with Amazon and do very well. Their online sales are surging and with Walmart +, Amazon will have real competition. In September 2020, Walmart.com had 385.5 million visits, up from 294.5 million visits in February 2020 to their website. Sales have almost doubled last quarter. Things are looking bright. Now if you look at their PE this company is very undervalued.

Any and all posts are expressly my opinion and shouldn't be used to make any investment decisions. Do your own DD and come to your own conclusions.