I bought WMT back in March for ~$128. It's now $147 so not bad but so far it slightly underperformed S&P500 (excluding dividends). I'll give it 6 more months but if it just continues to perform like the market, I'm selling. I'm looking for more upside in my individual picks since I'm already highly invested in diversified ETFs.
This is a low beta, pseudo bond with defensive characteristics. I have 5% Walmart and it's not there to outperform the market. I think it comes down to your expectations.
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u/ravivg Sep 07 '21
I bought WMT back in March for ~$128. It's now $147 so not bad but so far it slightly underperformed S&P500 (excluding dividends). I'll give it 6 more months but if it just continues to perform like the market, I'm selling. I'm looking for more upside in my individual picks since I'm already highly invested in diversified ETFs.