Wal-Mart Stores Inc: The Bear Case From a Bull

Over a span of decades, Wal-Mart Stores (NYSE: WMT) disrupted and then dominated a huge swath of the retail industry. In the process, the discount behemoth made early investors a fortune along the way.

Yet even the best businesses have risks, and it's important to study the threats that could derail your investments. That way, you won't be blindsided by them, and you can identify the key trends you should be watching.

On that note, here are the major bear arguments against Wal-Mart.

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Source: Fool.com