A company like
Walmart (NYSE:
WMT)
is not going to get cheap all that often. The company is widely-held,
well-known and generally appreciated as a play both on U.S. retail in
general and lower-income retail in particular. Better still, Walmart is a
virtual legend in terms of using logistics and competitive sourcing to
compete on price, and posts excellent returns on invested capital.
As of now, though, it doesn't look as though the bribery issue in Mexico
has created enough worry among investors to push these shares to the
point of serious undervaluation. Walmart remains a worthwhile hold, but
no particular bargain today.
Please read more here:
http://stocks.investopedia.com/stock-analysis/2012/Have-Misdeeds-Opened-A-Window-For-Walmart-WMT-TGT-DLTR-SWY-KSS0522.aspx
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