WMT. Yes, I remember that plateau aspect. Also, I believe IF people organize themselves to reduce their driving trips, WMT is the biggest one-stop-for-everything-you-need destination (food, then everything else). WMT's transportation costs will rise quite a bit of course, but I figure everyone else's (competitors) will too. WMT should have a slight advantage, as they pride themselves on their efficient supply-chain.
And I too feel the big gains in this stock occurred years ago, and we won't likely see anywhere near those gains again. The company is just so big- any stock gains going forward will be relatively small, I am guessing. I have to believe though that the company will be around for another ten or more years, and although there's a stock market risk, buying the stock is a decent bet for me within a diversified portfolio.
A small bet for me now, but I'm willing to raise it substantially. I added more today, and I'll add more if/as the stock continues to drop. |
