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Walmart’s Return to Growth. Big Tobacco’s Somewhat Smokeless Future.

Barron's Streetwise

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The Stock Market Trades Over 18 Times Earnings Forecast

The stock market trades over 18 times earnings, and that's high compared with a long-term average. If you're paying 24 times earnings for something, you would expect it to be growing very quickly. Greg says this price target at 160 bucks gives you about 10% upside for shares.

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