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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Wallace Rivers who wrote (23112)1/13/2006 8:21:51 PM
From: Paul Senior  Respond to of 78708
 
Wallace Rivers, about WMT: I agree, and I've added a few shares to my position today. (Unlike you, I've not traded any.)

WMT's a company that's built its success, imo, on doing many things well. Keeping labor costs low is one factor, but maybe bigger factors are their supply chain management techniques and purchasing clout with vendors. They may have to cough up a little more than their smaller competitors (in Maryland) for health benefits, but that shouldn't stop this behemoth from continuing to grow profits.

Looks like a buying opp., so I've bought.