WMT
Walmart Inc. Common Stock
stock NASDAQ

Ive noticed the attractiveness of the ladies working at my local WMT have increased, so calls. Or is it puts? Idk

My dad has been in the market since practically the day he turned 18 in the late 60s, so he’s been through everything and nothing has shaken him. He prefers to stay patient and buy when there’s blood in the streets. Even the dot com crash couldn’t shake his faith in tech.
His defensive stocks he picked up in the aftermath of the GFC, because he figured if we’re going to have a functioning economy we’ll need national banks and industrials like CAT. I doubt he’s added since. They’re really not his thing. But he has let them run ever since.
He got into mega cap tech long before they were the Mag7, several from IPO, and has been doubling down on them ever since. He does like to get a piece of all the highest profile IPOs. They’re not all winners but sometimes they become the GOOG we know today.
AAPL he started buying a year or so before the GFC because my sister wanted a Mac for college, and that surprised him. He asked his niece and she said all the kids want Macs, so he figured there’s something there.
He’s owned a MU and LRCX since the GFC. I don’t know why he chose those specifically, but he has added to them since. I know he was a buyer during the Covid crash.
In addition to shares, he also likes leap calls two years out when price is weak, and he pauses new calls when the market feels toppy to him. Mostly tech but not exclusively. I randomly called him once and he was talking about WMT calls.
He doesn’t catch every top or take advantage of every bottom. But he has the kind of patience that many investors today lack. I look at MU and see cycle after cycle of disappointment before a parabolic run. He says, “It just kept moving higher so why would I sell?”

Have you considered wheeling names like VZ, WFC, WMT, KO etc? Will they be safer?

Ive noticed the attractiveness of the ladies working at my local WMT have increased, so calls. Or is it puts? Idk

My dad has been in the market since practically the day he turned 18 in the late 60s, so he’s been through everything and nothing has shaken him. He prefers to stay patient and buy when there’s blood in the streets. Even the dot com crash couldn’t shake his faith in tech.
His defensive stocks he picked up in the aftermath of the GFC, because he figured if we’re going to have a functioning economy we’ll need national banks and industrials like CAT. I doubt he’s added since. They’re really not his thing. But he has let them run ever since.
He got into mega cap tech long before they were the Mag7, several from IPO, and has been doubling down on them ever since. He does like to get a piece of all the highest profile IPOs. They’re not all winners but sometimes they become the GOOG we know today.
AAPL he started buying a year or so before the GFC because my sister wanted a Mac for college, and that surprised him. He asked his niece and she said all the kids want Macs, so he figured there’s something there.
He’s owned a MU and LRCX since the GFC. I don’t know why he chose those specifically, but he has added to them since. I know he was a buyer during the Covid crash.
In addition to shares, he also likes leap calls two years out when price is weak, and he pauses new calls when the market feels toppy to him. Mostly tech but not exclusively. I randomly called him once and he was talking about WMT calls.
He doesn’t catch every top or take advantage of every bottom. But he has the kind of patience that many investors today lack. I look at MU and see cycle after cycle of disappointment before a parabolic run. He says, “It just kept moving higher so why would I sell?”

Have you considered wheeling names like VZ, WFC, WMT, KO etc? Will they be safer?

Not at the current PE levels. WMT stock price cannot grow at the same pace as TGT.

MCD is my value play atm. much better pick than expensive WMT

Historical average PE is around 10-15. In bull markets, historically you might've pushed 20. The last 10 years have been a complete historical aberration.
A company with a PE of 39 has an earnings yield of 2.6%. That's lower than inflation. And what makes it worse is you pay tax on that gain too. If WMT goes up in value 2.6%, and your nominal tax rate is 40% for example, that's a real earnings yield of 1.5% in an environment of 3-6% inflation.
Heck, even cash in a bank account earns 3% these days with 0 risk.
A PE of 39 is INSANE in this environment.
The market has just been so irrational the past few years, and there seems to always be a greater fool, that all of this has been normalized, especially for new investors who have no historical context. During the dot com bubble, value stocks were trading at PEs of 8-12.
WMT had a PE of 38 in 2000, and they were a much smaller faster growing company back then. They had grown revenues 20% in the prior year (from 1999 to 2000), and would grow their revenues +360% over the next 26 years (in a very low inflation environment for almost all of that time). After inflation growth was 3.5% compounded and +137% since 2000.
Nobody is predicting that kind of growth for WMT now, most analysts would be happy if they could even keep up with inflation, let alone manage any actual real growth, and yet it's trading at a slightly higher PE today.
This is all nuts...