It’s been a long good run with WMT purchasing 1/4 of my holdings on 1/22/09 for $48 and another 1/4 on 4/24/09 for $47.90. That’s an average of 50%+ return. Time to take a little of this off the table. I’m leaving half my position in tact and may consider buys and sells in the … [Read more…]
But what if the tax cuts are extended for some or all including those making over $250K/yr? This could be extra bullish for high dividend yielding stocks.
I will not be adding my final 1/4 target investment goal until I see more compelling news on WMT. But I wll hold my 3/4 WMT target investment for now.
I believe the upside for WMT far outweighs the downside on this stock, therefore I am adding 1/4 of my target position at $53/share.
Buying KR, BAC, MCD, WMT, TBT
In the wake of the current economic situation, consumer trends have shifted to a more cost-effective stores for goods and groceries. Walmart is well positioned for this trend. I now have 50% of my target investment in WMT.