Wal-Mart: Why Selling Leap Puts Makes Sense Right Now
Paul Price submits:
Wal-Mart [NYSE:WMT - $53.40] is the world’s largest retailer with almost $406 billion in FY 2010 sales (FY ended Jan. 31, 2010). Despite the poor economic conditions, WMT posted all-time record sales and earnings last year.
Here are the excellent long-term per share numbers for WMT as reported by Value Line:
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