Quote:
Originally Posted by toy71camaro
Thats a great trend for the US economy on two fronts (more US sales, and more US jobs)... but how does that relate to the WMT stock holder?
My initial thoughts is that it would/could bring down some of their profit margin (made in the US = more expensive) and more jobs = less bottom line.
Although, its great publicity. lol. How would you play this? I certainly dont think its a game changer on either front (buy/sell), and neither have anything to do with investing 102 (long term hold). But just curious.
**I do not own any positions in WMT and do not plan to within the next 72 hours.** heheh
|
Nice caveat there!
I personally HATE Wal Mart (WMT) --- I wouldn't shop there if the crap was free... IMHO they represent all that is wrong in America. They killed good factory jobs in the USA many years ago by shopping their inventory offshore... and the very people they sold that cheap crap too were the ones they were putting out of work. The more they bought - the more factories closed. Remember when you bought a toaster made in the US? That was made by low skilled under educated US middle america....
So now that's how I feel about Wal Mart ----- I don't really like their retail model -- high volume low margin. I'd buy COSTCO over Wal Mart if I wanted that retail exposure.... And I don't think this "move" will do anything -- near term -- but long term -- it can help AMERICAN jobs -- and if they're successful with the products and price points OTHERS will copy ---- and then that's not really a Wal Mart share booster -- but it's a booster for all of America. And that's ALWAYS good for the stock market.
