Walmart reported strong results and the outlook is also positive, yet the stock is down 6%. I honestly can't decide if this is a good buying opportunity or if the stock is still expensive.
In your opinion, is this a good buying opportunity or is $WMTstock still expensive?
The stock is still expensive, but I established a small position yesterday. In fact, $WMT stock doesn't fall this much very often.
After all, it's more expensive than Microsoft or ASML and other growth pieces. Who can pay this for a mall with +4% sales growth I really don't understand. It's currently about 50% more expensive than the 5y average.