Word: wal
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...consumer impulse will continue to befuddle the best prognosticators at least some of the time. No matter how much data suggest otherwise, a nervous mother of two may get roped into riding a roller coaster and discover a new passion for risk. A stilettoed fashionista might wobble into Wal-Mart. Some things will always be unpredictable...
...business. And so have big companies whose stock has come down dramatically, like EMC and Ericsson. Now it's a more level playing field, and the premium for quality companies over average companies is very small. So I think you would want to buy quality. You'd rather buy Wal-Mart, vs. J.C. Penney or Dell, vs. Hewlett-Packard...
...would rather have something that has some economic sensitivity to it. You would rather own a Merrill Lynch or a Morgan Stanley than you would a bank. Over the intermediate term, I like media stocks, like Viacom and Clear Channel, Univision. In retail, I like Target and Best Buy. Wal-Mart will be O.K. I like Citigroup...
...they allocate capital. [CEO Christopher] Galvin at Motorola is a horrendous allocator of capital. He wants to invent something like his grandfather; he's not running a business. The second thing is to try to get a feel for their internal systems, like General Electric and Wal-Mart...
Music retailing has traditionally been a fragmented industry of mom-and-pop stores. Guitar Center, however, is following the lead of retail giants like Wal-Mart. After raising $101 million in a 1997 IPO, Albertson and his co-CEO, Larry Thomas (himself a frustrated rock guitarist), went on an expansion run that included opening new stores at the rate of one or two a month and acquiring, in 1999, the Musician's Friend catalog for $48 million. In 2001 the company purchased a 19-store chain catering to schoolkids and beginners called American Music, and last year it opened...