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Wal-Mart (WMT -1.1%) hits its lowest level in more than 6 months, today getting hit by a rehash...

  • Thursday, January 10, 11:51 AM ET
    Wal-Mart (WMT -1.1%) hits its lowest level in more than 6 months, today getting hit by a rehash of the Mexican bribery news as lawmakers release documents showing the CEO was aware of the allegations in 2005. This would contradict the company's public statements on the matter. The initial NYT story last April proved a wonderful buying opportunity. Same now?
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This news story has 3 comments:

  •  
    Buying opportunity? If its yield were considerably higher, yes.
    10 Jan, 11:55 AM Reply Like
  •  
    Yup. It's gotta drop a few bucks before I'll look at it.
    10 Jan, 12:27 PM Reply Like
  •  
    Walmarts as stable as you get. You can count on there being a large fine at some point (my guess is $5 billion) but it wont disrupt their business and i think wmt is still very attractive under 14x earnings
    10 Jan, 12:03 PM Reply Like
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