Buy Walmart, Sell Tesla Motors?
I'm going to suggest something contrarian, and hopefully I won't have to turn in my jester bells for it. I feel that Walmart (NYSE: WMT) will be a better investment than Tesla Motors (NASDAQ: TSLA) in the coming 12 months.
I realize that Tesla's flooring it right now. Everyone's buying in ahead of Tesla's stock split that kicks in at the end of the month. Walmart has been retreating this week despite a blowout financial report on Tuesday. The market is concerned about the retailer's business slowing in the current quarter. I get it, but using today as a starting line and a year from now as the finish line, I feel that Walmart will be the better pick.
Tesla and Walmart aren't typically mentioned in the same sentence. Why should they be? They have little in common. The last time the two companies made headlines together was a year ago, when Walmart sued Tesla over rooftop solar panels that caught fire at seven of the discount retailer's stores. The two parties settled out of court.
Source Fool.com
