Stock of the Century

By -

I know I've mentioned WalMart before as a breathtaking stock, but I feel compelled to mention it again as it is pushing to never-before-seen highs in an otherwise boring market.

People point to Apple as the ultimate "gee, if only I'd bought it" stock, but WalMart puts Apple to shame. If you had bought AAPL at the IPO (and held on during the gut-wrenching ups and downs before it finally found its footing about a decade ago), your gain would be 15,000%. Not bad!

WalMart, on the other hand, is up more than 190,000%. There's a reason that Sam Walton's fortune, even when broken up into little pieces among relatives, since puts all of them near the top of the world's richest people.

Even though WalMart is sort of a running joke, it's undeniable that this must be an astonishly well-managed organization. They say you can't argue with success, so I would suggest that any arguments against WalMart would be swiftly snuffed out with just one glance at the chart below. If God himself came down and said this would be a $200 stock in a few years, I wouldn't have any reason to doubt it.

0710-wmt