Wal-mart could be the ultimative long term growth stock. They move ahead in these cirsis times and it really must hurt the competition.
I will start to build a position for long run (retirement account + children savings account)
http://www.time.com/time/business/article/0,8599,1920698,00.html?xid=rss-topstories">http://www.time.com/time/business/article/0,8599,1920698,00.html?xid=rss-topstories
I will start to build a position for long run (retirement account + children savings account)
http://www.time.com/time/business/article/0,8599,1920698,00.html?xid=rss-topstories">http://www.time.com/time/business/article/0,8599,1920698,00.html?xid=rss-topstories
Well, being a relatively stable company even in times of recession, I believe WM is to be considered as value play and not a growth stock.
I believe every stock portfolio should contain at least a couple of value plays. As these types of companies are very stable, odds are these type of stocks will maintain a steady advance only disturbed by minor blips. Thus, I buy value companies for the long-term and by utilising a protect profit stop I can load up on momentum and growth plays on margin.
Even though WM is a great company, I think there's even better opportunities like COSTCO who has shown to be very recession-proof.
I believe every stock portfolio should contain at least a couple of value plays. As these types of companies are very stable, odds are these type of stocks will maintain a steady advance only disturbed by minor blips. Thus, I buy value companies for the long-term and by utilising a protect profit stop I can load up on momentum and growth plays on margin.
Even though WM is a great company, I think there's even better opportunities like COSTCO who has shown to be very recession-proof.
