Monday, July 30, 2012

"Wal-Mart Surges as Economy Sputters" (WMT)

Here at Boring Advisors we believe...

We have pretty much one stock we've been touting to the public and it is boring.
$74.91 up 39 cents.
From BusinessWeek:
Remember that old bit about watching out for falling prices?

Well, shares of Wal-Mart Stores (WMT) hit an all-time high of $74.80 on July 27, having recently pierced levels they haven’t visited since 1999. The stock’s 25 percent year-to-date return is nearly triple that of the Standard & Poor’s 500 index. Over the past 13 years, the chain that put Bentonville, Ark., on the map went from earning $4.4 billion on $137 billion in revenue to now clearing $16 billion on sales of $446 billion.

Unemployment has since more than doubled from its New Economy-charged days of 4 percent....MORE
It migh be time to go with a whole new marketing campaign.
I kinda like this approach: