Walmart Inc (WMT-N)

She missed this one. They did a very good job pivoting to online sales, and they've added advertising to their platform. They've done well, and the softening economy benefits companies like Walmart. Good long-term. Wait for a pullback. They compete well against Amazon and Target.

They are about to report. See how accretive back-to-school sales were. Is looking for revenues to rise 3-5%. Last August, they already raised their outlook.

North America's largest retailer that is very well run. eCommerce business very strong. Continues to increase revenues and generate cash flow. Stock price now cheap however. Would recommend buying on share price weakness. 

He sold covered calls on Wednesday to ride high volatility. He did it to add some hedging as well as cash flow.

Is the world's largest company by revenue with an amazing chart, up since January. They overhauled and improved their e-commerce and integrated high-margin revenue streams such as ads and membership services. They launched their AI logistics tool to improve delivery efficiency, so this translates into more revenues. Take some profits now after this strong run, though the street sees 5% more upside.

The chart has been a home run, but he hesitates now, because 55% of their revenues are in groceries which suffer tight margins and are vulnerable to accusations of shrinkflation and price gouging.

He doesn't think there's a recession around the corner. In the consumer staples space, he'd favour WMT for continued mid-cycle economic growth.  

Great-looking chart. Hard to go wrong with this one. Grocery business has helped them with the digital competition from everywhere else; gets the foot traffic in there. Fantastic internal adjustments have helped them to lower prices and increase margins. Kind of a no-brainer for some $$. Yield is 1%.

Valuation is too high, though they are successful. They need to go upscale a bit.

One his favourite names. The consumer will trade down to them when the economy weakens, but the stock is expensive now.

Due for a pullback, would buy on weakness. 

People buy this when the economy looks weak. But what gives him pause is that over 50% of their revenues come from groceries, which offer only 2% margins, yet trades around 25x PE.

Their e-commerce is strong. Today, an analyst said they could have $14 billion in ad revenue by 2030. He likes most their Walmart+ membership which offers discounts to hotels, flights, etc, making it perhaps the most attractive loyalty program.

Their price rollbacks are a smart move to appeal to the frugal consumer, and their stores have never looked better.