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No. of Recommendations: 1
Thanks for the mention, Valuelight! One issue is that the link posted is a subscription group. Here is the post referred to:

The striking thing about WMT is that, if you step way back and look at the numbers, you find that nearly 1% of the total planet's GDP is sold through Wal-Mart stores. That's huge, and how much can it realistically still increase? How long would it take to double that to 2%? Could it ever hit 5%, ever?

I can convince myself both ways: sure, WMT will keep growing as it has because its massive size simply dwarfs all competitors and the snowball just keeps rolling; and on the other hand, the total available market is coming up against some pretty fundamental boundaries. I cannot figure out which argument is dominant, and so I'm still staying out of the stock.

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