There’s no denying that a whole bunch of stocks are very richly valued right now, making it difficult to feel good about buying much of anything. Not every stock, though. A handful of high-quality names have lagged of late and, as such, may still be worth stepping into. Here’s a closer look at three of my favorites among this small bunch.
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Yes, Walmart (NYSE: WMT) shares tumbled following the release of last quarter’s numbers. Although revenue of $177.4 billion topped estimates of $175.9 billion, for the first time in a long time, earnings of $0.66 per share missed analysts’ consensus estimate of $0.73.