Check your facts when purchasing retail stock
Dear Mr. Berko: What do you think about Walmart stock? My broker recommended that I buy 200 shares because he thinks the stock could go to $90 in the coming three years. He points to the company's huge growth in profits and dividends, and those numbers are impressive. He also said that Citigroup , Merrill Lynch , JPMorgan and other large brokerage firms have a buy rating on Walmart. I've followed your advice for the...
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