$WMT

Implied claim • strong conviction • basis: growth vs multiple

The oil prices being stretched even more is going to make it so I have less money in my wallet. You're going to see significant pull pullbacks in consumer discretionary spending. People are going to start really re-evaluating like, do I really need to be buying that stuff? Walmart dominates though in those consumer staples. So, you're going to see more people flocking to Walmart even than there was before.

Explicit claim • strong conviction • basis: multiple relative

Walmart's price is 103.70. That earnings per share is a massive, a monumental, a colossal $2.88. So, that gives you a P/E ratio of 36x.

Implied claim • moderate conviction • basis: multiple relative

the valuation multiple has declined substantially... Historically, Walmart was trading in that 20 to 25 PE multiple range... But it got all the way up to a 45p multiple at one point... So now we've seen that PE multiple pull back significantly

Explicit claim • strong conviction • basis: market mispricing

got overvalued and even during this period of time if you look the company did outperform its earnings but that was a period of overvaluation then we've had this strong runup and now we've have this correction looking to happen so this would be a sale in my portfolio if I owned it now