RVASpeculator and I agree -- Wal-Mart is cheap by historical and forward looking valuations.
He believes that Wal-Mart may be beaten up because of two main reasons:
1) Yuan revaluation makes chinese goods more expensive
2) Large component of retail ETFs and mutual funds, which are being sold or sold short.
Wal-Mart is currently sporting a trailing 13 PE and forward 11 PE. It is carrying a 2.7% dividend yield. It's historical low point is in the low 40s for price in the past 5 years. Wal-Mart is a buy anywhere in the 40s.
I will be writing puts, In the money, on WMT if it gets down into the lower 40s.
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