Snag Kohl's Before the Upswing
A classic way to big profits is buying companies whose fundamentals keep improving as the shares stay stagnant over relatively long periods. Wal-Mart (WMT) proved that theory, and the idea was still valid earlier this year. The stock went nowhere from August of 2008 through almost mid-year 2012, even as earnings per share jumped from $3.42 in fiscal 2008 to an estimated $4.95 for the fiscal year ending Jan. 31, 2013.
Wal-Mart (WMT) -- Weekly Source: BigCharts.com View Chart » View in New Window »Wal-Mart shares, at $75.11, are now up more than 33% from this year's low. They trade for a still-moderate 15.2x current-year estimates. In essence, just in the last six months, Wal-Mart has caught up with most of its past four years' earnings growth of 44.7%....255 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
