[steve8714]

WM last split in 1999, its price hasn’t kept up since, and dividend is maybe 2% per year. I don’t think they produce that much profit.
Contrast with Microsoft, which puts itself in position to compete in another way.

[Your Nightmare]

Here's a good story on how companies go bankrupt supplying Wal-Mart with stuff at low prices. Vlasic sold so many pickles (at $2.97 a gallon!) through Wal-Mart they went broke.

Hurray!!! Sales are through the roof!! But we're broke...

[Your Nightmare]

Here's a few more questions:

"While Wal-Mart, which has been struggling with slowing U.S. sales growth, posted a 1.9 percent rise in July same-store sales, Target reported a 6.1 percent rise, topping analysts' expectations." source

If everyone knows Wal-Mart is cheaper, why are Target's same-store sales increases so much higher than Wal-Mart's? And why isn't Target lowering their prices to match Wal-Mart's?