[squiffy]

PE is about 17, the lowest in about 8-10 years, since 1995-1997.

Long term future seems favorable with possible expansion in China. But currently most profits come from the U.S. Only 20% of profits from foreign stores, mostly Mexico.

So short term, the question is how are things in the U.S.

Why has the stock price been going down for 1 year and 6 months?

Why do you expect that trend to change?

Who does Wal-Mart serve? Who are it's primary customers? Will those customers be buying more or less today, tomorrow, the next day?

How is the U.S. economy doing? How is it likely to perform in the near future? How will that affect Wal-Mart.

If you want to buy stock in an umbrella manufacturer you might want to know the weather forecast -- will the upcoming season be very rainy or dry?

Having said that, WMT definitely looks interesting.