Economy: Who Will Lead Us To Recovery? | Newsweek Business

10 companies that may lead us out of recession.

By Douglas A. McIntyre | 24/7 Wall Street

Feb 9, 2009 | Updated: 5:22 p.m. ET Feb 9, 2009

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Double Dip Layoff Economy

McDonald's says its same-store sales are holding up fairly well. Its "value meal" concept is likely to keep customers returning to its restaurants for plentiful and inexpensive food.

Colgate sales have also held up well as the recession has deepened. People are going to buy toothpaste and shampoo unless they are completely out of money.

Over the last year, shares of Colgate, Wal-Mart, and McDonald's have significantly outperformed the DJIA.

The signals of a recovery will probably come from companies which are No. 2 or No.3 in their industries. It will be telling if they can begin to show even slightly improving trends operating in the shadow of larger competitors. The other area of corporate America worth watching is the sectors which have done substantially worse than most. That includes airlines, automobiles, and media companies.

So Wal-Mart is the leading stock to invest in.
WalMart finds nothing wrong with importing and sellling toxic merchandise from China. Infact, they import so many toxic products that the FDA and CPA, which WalMart would like to eliminate, can't keep up with them. . Their health insurance is so overpriced and so loaded with deductible that most employees resort to the local emergency wards increasing the tax burdens on everybody. Their massive asphalt parking lots mess up the water table and contribute to water pollution. they drive small mom-and-pop enterprises out of business. In fact, Wal-Mart is small business' greatest enemy.
Worse, Al profit from overseas sweatshop and child labor. They cheat their employees. Wal-Mart is notorious for off-clock time. And Wal-Mart finds nothing wrong with hiring undoucmented immigrants or so-called "guest" workers whom they treat like sliaves. I'd suggest that McIntyre try living on a Wal-Mart salary and investigate housing options. Barbara Ehrenreich tried it . Maybe McIntyre should read her book Nickel and Dimed to find out what working for Wal-Mart is like. We now have a serious problem with the housing market. How many Wal-Mart workers will ever be able to afford the array of over-priced McMansions that have become toxic assets for the banking industry? Bear in mind the slave labor wages Wal-Mart pays its workers both in the US and abroad also destroy our economy's customer base. You can't sell a computer to some one who doesn't earn enough to buy food. That's the big reason we're in a recession and a dimey little tax cut won't help.
McIntyre's article represents the stupdity of traditional economic thinking, which also fuels the GOP. That's the one reason I voted for change.
P.S. I do own stock. Wal-Mart and is exploitative labor practices are screwing my portfolio.

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Posted By: didimau @ 02/14/2009 12:19:03 PM

One of the best things that has bee implemented so far is the limiting of bankers and CEO's pay and bonus's while the rest of the country is suffering. These guys are just plain greedy. We Americans have no pity on these morons who rip off the system that makes them a living while they skim big bucks off of the little guy.

http://www.pbs.org/now/politics/politics_pop/index.html
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Posted By: didimau @ 02/14/2009 12:16:45 PM

GM will lead the country out of the recession by the second half of this year. This company has taken its "hits" and is now ready to move forward. Next weeks announcements will be the "right thing" that is going to move the company forward faster than people actually believe.
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Posted By: Mwalimu @ 02/14/2009 10:01:20 AM

So Wal-Mart is the leading stock to invest in.
WalMart finds nothing wrong with importing and sellling toxic merchandise from China. Infact, they import so many toxic products that the FDA and CPA, which WalMart would like to eliminate, can't keep up with them. . Their health insurance is so overpriced and so loaded with deductible that most employees resort to the local emergency wards increasing the tax burdens on everybody. Their massive asphalt parking lots mess up the water table and contribute to water pollution. they drive small mom-and-pop enterprises out of business. In fact, Wal-Mart is small business' greatest enemy.
Worse, Al profit from overseas sweatshop and child labor. They cheat their employees. Wal-Mart is notorious for off-clock time. And Wal-Mart finds nothing wrong with hiring undoucmented immigrants or so-called "guest" workers whom they treat like sliaves. I'd suggest that McIntyre try living on a Wal-Mart salary and investigate housing options. Barbara Ehrenreich tried it . Maybe McIntyre should read her book Nickel and Dimed to find out what working for Wal-Mart is like. We now have a serious problem with the housing market. How many Wal-Mart workers will ever be able to afford the array of over-priced McMansions that have become toxic assets for the banking industry? Bear in mind the slave labor wages Wal-Mart pays its workers both in the US and abroad also destroy our economy's customer base. You can't sell a computer to some one who doesn't earn enough to buy food. That's the big reason we're in a recession and a dimey little tax cut won't help.
McIntyre's article represents the stupdity of traditional economic thinking, which also fuels the GOP. That's the one reason I voted for change.
P.S. I do own stock. Wal-Mart and is exploitative labor practices are screwing my portfolio.