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View Diary: UPDATE - So much for WalMart paying people to work Thanksgiving (211 comments)

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  •  Google WalMart Mexico (4+ / 0-)

    HUGE scandal on how they managed to build on historic sites.  Pay bribes, get store.

    Yes the buyback is reflected in the stock price.  But the buyback masks the lack of actual growth in the stock because some of that is just fewer slices of the same pie.  

    When I look to buy an individual stock I get super picky.  I want something that is as close to possible to a sure thing as I can get.  I like P/E of 10 or less and P/B of 3 or less.  Walmart was at the upper end of my last search with a 15 P/E and a 3.5 P/B.  That caused me to dig deeper and when I did I discovered the buyback program.  Im a buy and hold guy so I am looking at 2-5 years of growth in stock price and I dont think they will be able to continue the buyback that long.  JMHO

    It is well that war is so terrible -- lest we should grow too fond of it. Robert E. Lee

    by ksuwildkat on Fri Nov 22, 2013 at 09:33:34 AM PST

    [ Parent ]

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