What is your Long Term Trade?

[purplesky]

VTI.... 2 percent dividend yield. Long term hold. I'll never sell.

I hold VTI long also at Vanguard. I also swing trade VTI in my 401k brokerage account. VTI is a great ETF to trade.

 

[eta2020]

S&P 500 index in 401k accounts with expense fees of 2.5-4.0 cents on 100 dollars

 

[Mulligan]

I purchased 300 shares of Walmart today. Could not resist.



Hopefully this will be a quick swing trade that I complete much sooner than later.



If I end up long there is always the dividend.

I only own one common stock EDE and I plan on keeping it until they get bought out which I hope happens in my lifetime.... But I admit Walmart is getting my attention. Trough earnings next year put it at a 15 PE ratio which isnt a steal yet, but definitely not a stretch trade IMHO. Im hoping (probably in vain) that people will see a 30% loss on WMT in their accounts and do some tax loss harvesting and drive it down into the lower 50s. If they do....I will be ready!


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[purplesky]

I only own one common stock EDE and I plan on keeping it until they get bought out which I hope happens in my lifetime.... But I admit Walmart is getting my attention. Trough earnings next year put it at a 15 PE ratio which isnt a steal yet, but definitely not a stretch trade IMHO. Im hoping (probably in vain) that people will see a 30% loss on WMT in their accounts and do some tax loss harvesting and drive it down into the lower 50s. If they do....I will be ready!


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I think WMT is close to a bottom. If we get a market correction anytime soon it could easily go to $50. WMT would be a real steal in the low $50s.

WMT will rebound and get it together sooner than later.

My guess is WMT will bounce soon and get to about $63 to $64 once they officially layout out a long term e-commerce game plan.

But we are talking stock market casino so its a guess.

 

[Mulligan]

I think WMT is close to a bottom. If we get a market correction anytime soon it could easily go to $50. WMT would be a real steal in the low $50s.



WMT will rebound and get it together sooner than later.



My guess is WMT will bounce soon and get to about $63 to $64 once they officially layout out a long term e-commerce game plan.



But we are talking stock market casino so its a guess.

You probably are correct and I am being a bit greedy. 300-400 shares would probably be my max anyways. But I am determined to make myself at least monitor the price daily. I love the comments section people write on WMT. Many consider it the next Sears and Kmart.... I don't see that happening at all.


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[purplesky]

You probably are correct and I am being a bit greedy. 300-400 shares would probably be my max anyways. But I am determined to make myself at least monitor the price daily. I love the comments section people write on WMT. Many consider it the next Sears and Kmart.... I don't see that happening at all.


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Should be an interesting Xmas shopping season. WMT and Amazon will be in a big price war. Last year xmas deals were weak for consumers.

WMT will need to get traffic in stores so expect big deals.

 

[aja8888]

Should be an interesting Xmas shopping season. WMT and Amazon will be in a big price war. Last year xmas deals were weak for consumers.

WMT will need to get traffic in stores so expect big deals.

WMT also is raising employee wages to $8 - $9 per hour across the board from what I heard on CNBC. That should reduce margins.

 

[purplesky]

WMT also is raising employee wages to $8 - $9 per hour across the board from what I heard on CNBC. That should reduce margins.

Yes but WMTs biggest problem has been store quality and the lousy shopping experience.

So higher wages will improve the level of employee quality and WMT will get their workforce off welfare.

If(when) wages actually do go up WMT will benefit immediately with consumer spending.

WMT should have raised wages years ago.

Amazon has low wage issues also but its kind of a dirty secret.

WMT is at a crossroads as a company and they need to change the public perception and truly improve as a corporate citizen. WMTs future now depends on it.

 

[OrcasIslandBound]

I've had FLPSX, Fidelity low price stock mutual fund since about the late 80's. I keep an eye on it because it is a managed fund and the minute it drops to a three star fund, I'll switch it to an index fund. Almost all my other investments are index ETFs or mutual funds. VYM, VTI, BLV, BND, etc. Most have good dividends.

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[jim584672]

VTI - Best long term hold stock, IMHO.

 

[aja8888]

Yes but WMTs biggest problem has been store quality and the lousy shopping experience.

So higher wages will improve the level of employee quality and WMT will get their workforce off welfare.

If(when) wages actually do go up WMT will benefit immediately with consumer spending.

WMT should have raised wages years ago.

Amazon has low wage issues also but its kind of a dirty secret.

WMT is at a crossroads as a company and they need to change the public perception and truly improve as a corporate citizen. WMTs future now depends on it.

Not meaning to change this into a + or - WMT thread here, but WMT employees will not be that much better off with a few dollars more in their paycheck. It's simply not enough to make any significant lifestyle change and we all know how a raise motivates you.

WMT is being beaten to death by Amazon and other retailers, online and bricks and mortar types.

They also have turned most stores into grocery/clothing stores. Try buying a plumbing fitting or most any hardware item.

 

[jfn111]

I'll be the third to say MO.
I've owned the stock for 30+ years.
I turn 59 1/2 in mid Nov. and plan to start moving some money out of my 401K for better diversification. MO is about 12% of my 401K and I want to get it down to about 5%.

 

[Mulligan]

Not meaning to change this into a + or - WMT thread here, but WMT employees will not be that much better off with a few dollars more in their paycheck. It's simply not enough to make any significant lifestyle change and we all know how a raise motivates you.



WMT is being beaten to death by Amazon and other retailers, online and bricks and mortar types.



They also have turned most stores into grocery/clothing stores. Try buying a plumbing fitting or most any hardware item.

They actually have fairly decent online presence but yes it is dwarfed by Amazon. They are moving more resources to online, but nobody appears to be making any money there. Who knows if that will bear fruit. I mean no company can just endlessly grow revenue for 20 years and never show a profit....Oh wait that is what Amazon does.
Actually the next two years for Walmart will be tough as the following year their wages go to $10 an hour. Anybody who bought WMT in the $80s and above is feeling some major pain unfortunately and I don't see it back there for quite a while.



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[aja8888]

They actually have fairly decent online presence but yes it is dwarfed by Amazon. They are moving more resources to online, but nobody appears to be making any money there. Who knows if that will bear fruit. I mean no company can just endlessly grow revenue for 20 years and never show a profit....Oh wait that is what Amazon does.
Actually the next two years for Walmart will be tough as the following year their wages go to $10 an hour. Anybody who bought WMT in the $80s and above is feeling some major pain unfortunately and I don't see it back there for quite a while.



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Amazon has shown a profit in the last quarter or two. They are expected (by analysts) to do the same this earnings period.

WMT online, with store pickup, is a disaster. I tried that a few times and the store folks give it a low priority and have a hard time making it work well. I have the personal horror stories, but this is not a place for them. WMT delivery to home is OK, but shipping is slow compared to Amazon.

I suspect the stock in the low 50's, where it was a few years ago, may be a good core holding for consumer discretionary. But maybe an ETF would be a better choice in that group?

 

[Mulligan]

Amazon has shown a profit in the last quarter or two. They are expected (by analysts) to do the same this earnings period.



WMT online, with store pickup, is a disaster. I tried that a few times and the store folks give it a low priority and have a hard time making it work well. I have the personal horror stories, but this is not a place for them. WMT delivery to home is OK, but shipping is slow compared to Amazon.



I suspect the stock in the low 50's, where it was a few years ago, may be a good core holding for consumer discretionary. But maybe an ETF would be a better choice in that group?

Im with you about the low 50s. This may mean I may never get a chance to buy it though. That would get divi near 4% and they can cover it by 2X even at earnings trough coming up in next couple years.
I was just poking a little fun at Amazons earnings. These can occur with a stroke of a pen. An ETF will always be a better choice than a stock tip from me!


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[purplesky]

Not meaning to change this into a + or - WMT thread here, but WMT employees will not be that much better off with a few dollars more in their paycheck. It's simply not enough to make any significant lifestyle change and we all know how a raise motivates you.

WMT is being beaten to death by Amazon and other retailers, online and bricks and mortar types.

They also have turned most stores into grocery/clothing stores. Try buying a plumbing fitting or most any hardware item.

WMT is a cash cow. They are not going away anytime soon and if they continue to grow their online sales and successfully move into the same day type delivery service they will be direct competition to Amazon.

WMT will continue to raise wages. Because they can afford it and really have no choice. If they want to improve their stores.

WMT definitely faces some huge challenges going forward as do many other retailers like Macy's, Best Buy and Target and Kohl's,etc. but I think WMT will be the last man standing in retail if things do go in that direction.

They have a presence in almost every community in America and a complete distribution network.

If WMTs CEO had played his cards better the stock would still be much higher.