WMT
Sears is the 18th largest retailer in the world with roughly $26b in sales. AMZN is #9 with over 3 times as much and growing. So, who #1? It's not even close - Walmart. Walmart's sales top $500b worldwide. In fact, their sales exceed #2 thru #7 combined (Kroger, Costco, Home Depot, Walgreen, Target and CVS). So, I thought it was worth a look to see if their business was 'impacted' by the rise of AMZN. Below is their chart - Honestly, I would deem it unspectactular. 10 years of flatline, a bit of a pop after the Great Recession, a waterfall decline back to value and more chop. As a trader, this would be a pass but as a portion of a value portfolio, I could argue for it's inclusion. Below is SHLD v. WMT - Unfortuantely, due to the SHLD swings, the picture gets a bit distorted. In simple terms, while Sears was in free fall, WMT kept chugging along. I guess the real question is - why?