Interesting article, with some very interesting follow-up comments. I got a real kick out of the Says/Keynes economics subdiscussion that was goin' on there. By the way, Over the past year, Walmart (
WMT ), is as of today trading off 11.09% from its year-ago high and underperforming by 18.67% relative to the S&P for the same term. It consistently has underperformed both its market segment and the S&P, and currently trades below both its 50 and 200 day moving averages (which happen both to be trending flat-to-down longterm), while in each case, the converse is true for Costco (
COST ), which is trading at 33.63% above its year-ago high, is trading moderate-to-sharply above long-term upward trending 50 and 200 day moving averages, and has over the term led the market segment and outperformed the S&P by 22.23%. The article implies Wallstreet favors Walmart over Costco. The numbers clearly show otherwise. While personally I trade neither issue at the moment, I'm now looking favorably on the mid-to-mid-long-term investment opportunity afforded by Costco ... even though I'm not in-general-fond-of retailers ... a little too volatile for my taste, overall. But then, I'm conservative.
Oh, and I don't shop much at either outlet, and I don't watch FOX much.
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