Stocks Take Major Hit, Buying Opportunities Getting Closer
When you have the investing strategy that we do, you don’t look at 500 point down days in the Dow as a reason to panic, but a reason to celebrate. We’ve been waiting for many months even a couple of years for better buying opportunities in a few select stocks and we are getting closer. Let’s take a step back and look what is behind the volaility. First, the US economy is very much struggling. Economic data is weak at best. As such, there are renewed fears that we might move back into a recession. Read more [...]
Walmart Share Price Getting Into Nice Buy Territory
Wal-Mart Stores, Inc. (WMT) has had its share price get hit fairly hard in recent days with the drop in the broad stock market as well as with regards to a recent report that US store traffic might be down this year. The report came from a supposed leaked memo which mentions store traffic down despite efforts to boost same store sales. If this is true, it could mean further weak same store sales numbers from the company the next time it reports them. This could likely push the share price below Read more [...]
Walmart Starts Testing Urban Penetration With Walmart Express Stores
Wal-Mart Stores, Inc. (WMT) has identified urban markets as a growth opportunity and rejuvenate US comp sales. This week, it will open its first Walmart Express store in Chicago which should be a good test for the success of its penetration strategy using this smaller store format. The stores are one tenth the size of the supercenter format. Walmart plans to open several new stores in the Chicago area in the coming year or so as well. In the quarters ahead, I will be looking for any insight Read more [...]
Walmart.com Offers Streaming Video
Many people didn’t know that Walmart (WMT) owns Vudu the video streaming service. Walmart has made some moves recently and it’s pretty well timed considering some of the additional headlines going on with Netflix (NFLX) these days. Walmart has fully integrated its Vudu product into Walmart.com - a heavily trafficked site - to allow users to stream movies straight from Walmart.com. When browsing movies and DVDs on Walmart.com you can see options to buy the physical DVD or stream the movie instantly. Read more [...]
Dividend Portfolio Updates: CIM, WMT, MCD
A few updates on the dividend portfolio on this Friday, July 22nd, 2011. First up a major change on the dividend portfolio. We’re removing Chimera (CIM) from the dividend potfolio. Chimera was always a unique position in the portfolio and geared more towards high yield in the short term. As my time is becoming strained, it is hard to keep on the inner workings on Chimera (more so than other companies because of its business); as such, we’re going ahead and removing the company from the portfolio. Next, Read more [...]