Nov. 15 at 6:32 PM
$WMT My primary thesis of why Walmart shouldn't be at all time highs or up 100% from 2 years ago. This is going to be a xmas to forget for retail and the pain hasn't even started. Walmart just doesn't generate cash like other companies worth 900B. PT of
$90 is feeling generous, net Income is same as it was in 2011, and has much lower margins. Midstream Pipeline Co's worth 100B generate better returns and have a stronger recession outlook. Hot retail name trash.
