Very true, but Wal's 2010 forecast wasn't as impressive as I would have hoped.
Wal, like most other CEO at present, is probably leaning towards under-promising and over-delivering as opposed to the other way round. This is prudent given the delicate balance in the current state of the global economy. Improvements are there (eg. France/Germany +ve 2nd GDP), but some bumpy ride ahead (eg. US payroll number). Overall, with near record order book, they should outperform over the next 3-4 years - especially when the oil-driven arab world starts to breath again with the oil price recovery :o)
618
LEI Price at posting:
$32.14 Sentiment: Buy Disclosure: Held
