Doug Kass Likes Wal-Mart (WMT)

March 14, 2011 9:56 AM UTC
Doug Kass said he is buying Wal-Mart (NYSE: WMT), citing a strong business with only 1 1/2 percent of its business coming from Japan.

On Twitter, Kass said:
buying wmt = business strong and only 1 1/2% of sales from japan. $$

Despite the closely-watched pundit's bullish comments, Wal-Mart shares are down 0.75% to $52.19 this morning.

Track all of Doug Kass's calls with our Doug Kass entity page.


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