5 Stocks Still Offering Stunning Value

Stock #3: Wal-Mart (WMT)

Since early March, when the market recovery began, Target (TGT) skyrocketed 56%,
while archrival discount retailer Wal-Mart (WMT) has barely moved. I love TGT’s
business model, but this is probably a case of too much, too soon. Cash-strapped consumers will continue to shop on the basis
of price for at least the remainder of 2009, and probably well into 2010. As the price leader in retailing, WMT will be hard to
beat.

At less than 14X this year’s estimated earnings, the stock is trading at about a 40% discount to its P/E five years ago.
Sounds like a bargain to me! What’s more, in dramatic contrast to TGT, Wally is likely to post record profits this year,
despite the recession.

From here, I’m projecting a 30%–45% total return (including dividends) over the next 12 months.

NEXT: Stock #4: Accenture (ACN)