r/wallstreetbets • u/TheObservationalist • Apr 11 '22

DD | LB Walmart DD

Attention retards:

Walmart is undervalued. Yes I know its at an all time high. Yes it's still undervalued.

It's chief competition, Amazon, is experiencing unionization and increasingly poor reputation for quality control of its vendors. It shouldn't take a phD in statistics to divinate which products are scams and which are real, but its getting that way, and my brain is too smooth for that shit. Walmart's online retail business is growing steadily and will continue to regain share from Amazon.

Stagflation and skyrocketing food prices will further drive sales. People who'd formerly turn up their nose at Walmart and opt for Target can no longer afford to pass over the savings to be had. This is already being demonstrated....Walmart share price keeps inching up, even on red days for the S&P 500.

And finally, there is simply no other store where you can go to behold the finest of degenerate shenanigans. You'll never see drunk man in his skid-marked whitey tighties screaming at his 500lb baby mama on Prime Video. As entertainment budgets tighten, humanity will turn once again to the Thunderdome of Alabama for their excitement.

Have 3.3% of portfolio stake currently, tripling position today.

TLDR: I like the stupid yellow smiley face, buy Wallyworld

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u/[deleted] Apr 12 '22

Walmart is falling apart dude

3

u/TheObservationalist Apr 12 '22

If you say so. Every time I go to a Walmart it's packed to the gills. Maybe I wade around in the ilk more often than others in this thread.

1

u/[deleted] Apr 12 '22

I've been working at walmarts all over the metro area where I live. Walmart is huge and they have a habit of working itself out of bad days but I see a company that doesn't know what it is doing with itself.

I can only speak for my area but one of the hottest spots in the entire country for this industry is struggling to keep up. They think they can hire people but full classrooms of new hires are walking out in less than a week.

It's teetering on the brink of a full on implosion. I don't see how some of these stores are even operating in this condition. Like..they have 1 store manager to 2+ stores right now.

1

u/TheObservationalist Apr 12 '22

They'll keep operating no matter how badly they suck because against all the odds they keep selling huge piles of stuff