Good Buy by brian.rrr

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· @brian.rrr ·
$7.07
Good Buy
Hi Friends,

Call me crazy, but I think Walmart is a good buy at $122 per share:

![9CB1CBF5274C495F95A8056B021FA1DB.jpeg](https://i.imgur.com/60nlM11.jpg)

They had a sell off due to an earnings per share miss, which is primarily attributed to higher cars prices and supply chain constraints, but I think it is a temporary setback. 

The company is still a good value play, and they have ways to support the stock through buy backs and dividend increases.  Their current 1.9% yield is about as safe as they come, and certainly beats anything you can get at the bank,.  Add in their commitment to investing in technology and innovation, combined with their infrastructure and buying power of goods, they are well poised for a bounce back.

How do you feel about Walmart as an investment?

Thanks for coming by,
Brian
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vote details (321)
@truth2 ·
It's a great deal, but may still be a bit overpriced.  One of the safest companies on Earth too and a dividend champion.
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vote details (1)
@armadilloman ·
$0.02
Only if you think there isn't more downside to come.  A lot more.
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vote details (2)