One year ago, I made an analysis of WMT, one of the largest retailers in the world.
http://profitimes.com/wp-content/uploads/2011/08/Analysis_of_Wal-mart.pdf
I calculated an intrinsic value of $78.57 per share, and at its current price of $74.74, that target is coming very close.
In November, I wrote an other article on WMT, stating that WMT could become the “Stock Of The Next Decade”:
http://profitimes.com/free-articles/wmt-stock-of-the-next-decade/
For such a big company a 40% increase in just one year time is simply amazing, especially given the fact that the SP500 has only rallied about 7% in the same time period.
Value Investing is NOT dead! It’s alive and kicking!
