The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.

Wal-Mart has been on a solid run recently, but Dave considers the fierce competitive environment facing the company. The video concludes with Dave's long-term outlook for Wal-Mart.

David Meier and John Reeves have no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com and Wal-Mart Stores. Motley Fool newsletter services recommend Amazon.com and Wal-Mart Stores. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.