I Shouldn’t Have Bought Walmart (WMT)
from Market Bytes Hosted by Matt Derron
Sometimes we just buy things because we want to. We know we shouldn’t do it. But we do it anyway. Well I just did that with a stock that didn’t meet any of my primary value criteria. And that stock is Walmart. In this episode of the Build Invest Live podcast I’m going to walk through my Walmart evaluation, how my own personal experience with Walmart influenced my thinking, and why I decided to buy in spite of my rules. We’ll also do a quick update on my dividend growth portfolio and spoiler alert - we’re starting to see signs of life. 00:00-Walmart didn’t meet any of my criteria, but I bought it 00:38-The 3 things that intrigued me about Walmart 02:40-Evaluation of Walmart’s stock 04:32-Comments from Walmart’s CFO 05:57-Why I ended up buying Walmart’s stock 06:33-My experience with Seeking Alpha 07:49-Update on my dividend growth portfolio
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