Re: WMT
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Play devil's advocate.
What am I missing? What's holding this stock back?
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Walmart's management constantly over promises and underperforms. For some reason they like to predict higher earnings than they are likely to get and usually miss. I know it doesn't seem like that big of deal, but Wall Street likes companies that make there estimates.
Oil/Energy prices. Who shops at WMT? Mostly people who can't afford to shop at other places. These people are going to be most hurt by the rising cost of gas and heating there houses. They are going to lose a larger percentage of income to energy costs than the more affluent shoppers.
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