Page 131 - How to Make Money in Stocks Trilogy

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A WINNING SYSTEM
Here’s an example of American entrepreneurial innovatio Price on at r t m m ’ 120 S&P 500 es es and ingenuity. Begins with one discount store and create Begins with one discount store and creat a r c t and ingenuity lower prices for everyone plus 1.5 million new jobs. All l e e o r

Wal-Mart Stores–1980 Weekly Chart Earnings g acceleration acceleration r w Mar 1980 Dec 1979 Sep 1979 Jun 1979 Mar 1979

Price = 20*eps 5.00 4.50 4.00 3.50 3.00 2.50 2.25 2.00 1.80 1.60 1.50 1.40 1.30 1.20 1.10 1.00 0.90 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 0.35 0.30 0.25 0.23 0.19