Walmart Inc.
Long

$WMT good entry point (4/5)

89
Conviction: 4/5

Thesis
  • at former resistance-turned-support (2008 peak)
  • near channel (2016) support
  • very cheap (P/S of 0.67), although more expensive relative to own history
  • RSI-W not overbought at all
  • RSI-D showing possible bullish div


Risks
balance sheet is a bit weak (low quick ratio)

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