Cheaper but not cheap
Walmart is the biggest Retailer of the world. Their revenue was $628B in 2024. Thats almost 2x of Amazon. It is a Blue Chip Company with a long dividend track record and a bulletproof business model, which made the Walton Family one of the richest on the planet.
During the current correction they came back from their ATH at $105 to currently $87. That’s a 20% discount, something you don’t see very often. Their P/E ratio is still at 35 but doesn’t Buffett always say „Price is what you pay, Value is what you get.“?!
Sure, the stock is not cheap, despite the consolidation. For me it‘s good enough though, to start to DCA in slowly. Walmart is a great Company and with a return of +210% plus dividends over the last decade, it is just the steady outperformer I am searching for in my portfolio.
Walmart has been maintaining its relevance over years and it’s a good company one can invest in
Nice. That is really cool.
Hmmm... I need to get some of my debts sorted out and also invest into things like this and grow a protfolio.
One thing at a time...