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22-Mar-08
This is a large cap value stock with a low PSR and a high RS. These have historically significantly outperfomed the overall market. IBD gives this an overall rating of A-.
I will buy this based on its high volume breakout above the buy price of 53.99. Initial stop = 48.41. Eventual sell price to be determined by my trend following system. . Cap =213171. PSR =0.54. RS =93. Acc/Dis score =B+. It has broken out froom a 6. -week sideways pattern.
Tagged Stocks: WMT
Posted at 15:31 in Watchlist Ideas | Permalink | Comments () | Top
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