Thomas888

Wal-Mart: Strong International Growth, Especially Latin America

WMT stock has been performing well compared to many this year ,it seems to be in the news so it will probably pull back some before it continues upward.So buy more on the dip, if a dip happens,unless some negitive news or a down grade comes out on WMT it is a buy especially in this slow economic slow down when people are shopping and trying to save some money and get discounts by shopping at Wall Mart stores/ Sams club and Costco type of retailers.But some analysts will probably try to find a problem with, some might say its overbought and due for a pull back or there is a law suit pending etc, so they can downgrade it and make stock fall.If a company stock is doing good someone ,will usually try to sabatoge it, just to mess with its good fourtune when so many are having a hard time in this economic slow down. Its chart looks good trending up from left to right and that is a good story chart wise.I reasd a analysts upgraded WMT price target to 55. WMT is there allready closed firday 4-11 at $54.80 wouldnt a target price of $60 a share be a better target going forward for 08 another $5 up on the stock seems to me to be doable ,no problem if the trend in the stocks price continues? Thomas