We’re Looking At: Walmart
The whys and wherefores of the national economic meltdown have been well-documented elsewhere. But for investors like Paul Stephen Daniels, that’s in the past. The task now is to divine the future of the nation, the market, and the individual stocks that comprise it. And we believe we have.
We’ve been reading a lot of Sherlock Holmes lately, which has reinforced the importance of analytical thinking and rational decision-making in all aspects of life. By applying these methods to the current economic crises, it became obvious to us that most Americans will be tightening their belts, spending less overall and making their dollars stretch as far as possible. Rising gas prices dictate that people will avoid driving further than necessary, while the credit crunch and mortgage worries mean that consumers will look for down-market alternatives for luxury and basic goods. Is there one place where you buy groceries, vacuums, motor oil and blue jeans, of adequate quality and at low prices? Of course there is: Walmart.
Their ubiquity, price advantage and borderline ruthless business model make them the paradigm of efficiency in these troubled economic times. When money is tight, people are willing to sacrifice their moral misgivings about the giant corporation. As such, we here at PSD see Walmart doing very well over the next few months. If you buy in now, you could do well, too.

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