At a recent $51.00, WMT is selling for the same price as in 1999. Since 1999, WMT's annual net profit has tripled.

Sales have doubled in the last 9 years and will likely increase by 50% in the next 5 years.

The company uses debt modestly and the cash flow is over 10 times the amount necessary to annually service the debt.

The 2% dividend is twice what money market funds are paying.

The opportunity here is very attractive for the long term investor. This stock in the right amount is appropriate for essentially every investor.

Preston F. Sanders is a Chartered Financial Consultant and Registered Investment Advisor. He lives in Washington, Georgia, and can be reached at prestonsanders@bellsouth.net.

NOTE: Any investment can lose value. Don't buy any stock without a careful evaluation of it's appropriateness for your situation. See your financial/investment advisor.