The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor and analyst Austin Smith discusses topics around the investing world.
As part of our series "3 Reasons to Buy/Sell," Austin plays devil's advocate to the Wal-Mart bears and gives investors three reasons to consider buying Wal-Mart today. In his opinion, the company continues to be a best-of-breed operator that effectively wrote the book on supply-chain management and operational efficiency. Its operations require a scale and expertise that will always be hard for other retailers to imitate. He also thinks the company is cheap and reliable. From a valuation standpoint, Wal-Mart is the cheapest it's been in years and has continued with its shareholder-friendly dividends and share repurchases.
In fact, Wal-Mart's dividend is so good it was selected for our list of "9 Rock-Solid Dividends." You can learn about the other eight companies that made the cut and that like to line your pockets with cash by clicking here to read more.
