Walmart: I Expect Solid Earnings But Valuation Keeps Me At Hold (NASDAQ:WMT)
· seekingalpha.com
Walmart (WMT) is a well-managed, value-focused retailer, but its ~40x PE ratio is excessive for the sector.
There are quite a number of companies that I like but also that I won’t invest in. Typically, this is due to an unreasonable valuation and that’s where I la...