In Wal-Mart We Trust (WMT)
Posted September 2nd, 2008 by theStockMasters...
Buy Wal-Mart (NYSE:WMT), the End. It's really as simple as that. Times are tough, investing is even worse, and there's only one evil corporation that will benefit during a time like this...take a guess who?
That's right: People have to shop and eat. So Walmart (WMT) and McDonald's (MCD), the two marquee sellers of cheap stuff and food, have thrived. The defensive stock story is a common recession theme, but it was clearly a winner this time, as long as you went with the lowest-priced retailers with the most recognizable brands.
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The discounters' closest competitors saw more mixed results. Burger King (BKC) is down 11% YTD (which still currently beats the S&P 500's 13% fall), while Target (TGT) is up more than 9%.
The Masters still like Target, like we said back in June: 2nd Place is just fine for Rocco Mediate and Target (TGT)
SOURCE: http://www.clusterstock.com/2008/9/investing-advice-for-the-next-recession-buy-walmart-wmt-
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