Five reasons why you need to buy Wal-Mart
Reason1:
In the period from 2007 to 2009, S&P500 dropped by nearly 55%, and Walmart (NYSE: WMT) actually brought 10.57% of total revenue.
Reason2:
Even during the recession, people still need food and other staple foods.
What's more, in difficult times, people may tend to buy food from discount retailers like Walmart.
Reason3:
In the worsening of the Covid-19 crisis, Walmart has proved its strength, with a total return recovery rate of 23% in 2020, compared with 17% in the S&P 500 index.
With a return rate of 1.5% and a 47-year history of annual revenue growth, Walmart is expected to reach the additional king of incremental growth in 2024.
Reason4:
Approximately 90% of the U.S. population lives within 10 miles of Walmart stores, and the company still has strong growth potential.
E-commerce increased by 79% in the third quarter, and its Walmart + subscription service is targeting Amazon Prime customers.
Reason5:
Walmart has a cheaper P/E of 21, compared with Amazon (95 times), and Costco (37 times)
So, what are you waiting for?
Reason1:
In the period from 2007 to 2009, S&P500 dropped by nearly 55%, and Walmart (NYSE: WMT) actually brought 10.57% of total revenue.
Reason2:
Even during the recession, people still need food and other staple foods.
What's more, in difficult times, people may tend to buy food from discount retailers like Walmart.
Reason3:
In the worsening of the Covid-19 crisis, Walmart has proved its strength, with a total return recovery rate of 23% in 2020, compared with 17% in the S&P 500 index.
With a return rate of 1.5% and a 47-year history of annual revenue growth, Walmart is expected to reach the additional king of incremental growth in 2024.
Reason4:
Approximately 90% of the U.S. population lives within 10 miles of Walmart stores, and the company still has strong growth potential.
E-commerce increased by 79% in the third quarter, and its Walmart + subscription service is targeting Amazon Prime customers.
Reason5:
Walmart has a cheaper P/E of 21, compared with Amazon (95 times), and Costco (37 times)
So, what are you waiting for?
Comment:
Long1 = 130-134, Long2 = 118-120
Comment:
The trading idea is similar to PG ( Please check the "related ideas" below )
Trade active:
AVG Price = 132
Trade active:
Buy in 132
