Good Evening DG,
I agree with you on WMT and ATT.
Corning is worth 45 a share as a takeover.
Your money is safe.
Nobody can predict the future!
But some are clever enough to see bottoms.
I've been following Walmart closely the past two weeks
and it was outperforming the Dow at the beginning of the rout. It surely isn't anymore.
I don't think anybody has figured out the full repercussions of this 'retail bricks and mortar' contraction.
Walmart has no competitors and suddenly they are competing with Amazon. The rules are changing every day.
I am forever looking for "blue chips on the cheap" that are paying dividends. I look more than I find.
I do like GM and F at this point as their market caps are so low they are both take over or merger bait for all car makers in the world. GM is minting money in Asia and Ford is firming up market position.
With cheaper oil around the world both companies will be pumping out their most profitable vehicles. Trucks and SUVs.
A good time for US companies except for the possibly too strong dollar.
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