WMT is a dividend superstar, increasing the dividend every year for the last 1,000 years or so. It's trading at an historically low PE of around 14, and just keeps going. WMT is a very nice defensive stock, with a beta of 0.31, it rarely moves in sync with the broader market. This is a nice entry point for WMT.
The price is down today due to disappointing earnings in the fourth quarter. Soft consumer spending and crappy weather are the main culprits. A common theme among retailers. Here are some highlights:
I'm taking the long view. Great company at a good price today, happy to hold for a very long time.