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This "World Dominating" blue-chip has never been cheaper
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Wednesday, July 20, 2011
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From GuruFocus:

In his interview at WealthTrack with Consuelo Mack, Steven Romick discussed why he likes companies such as CVS/Caremark (CVS), Wal-Mart (WMT), and Microsoft (MSFT). Especially, he thinks Wal-Mart stock is cheaper than it was at the market bottom of March 2009.

Wal-Mart stock traded as low as $46.50 in March 2009. It appreciated about 15% to today's $53.7 over the past 27 months. Why is it cheaper today? Because Wal-Mart's earnings per share has grown by more than 15% during the past 27 months.

Since the fiscal year ended in Jan. 2009, Wal-Mart has grown its total revenue by 5%. The company's net profit margin expand from 3.3% to 3.9%. Its earnings have grown 23%.

In the meantime, Wal-Mart has...

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Topics: Dan_Ferris | World_Dominators | Value_Investing
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