Walmart, the world's largest retailer and a Buffett-type growth stock (think Coca-cola, Gillette etc.) is trading at an all-time low PE of 18.5 today. The forward PE of 14.6 looks even more attractive. A discounted cash flow analysis shows that the company is worth between $65-70 in today's value. This is not taking into account of the announcement made on June 1, mentioned in the next paragraph. The value of the company would be a bit higher if we calculate with the new information. The stock has recently moved up 4% after the Annual Shareholders meeting on June 1, where the company announced new strategies and the buying back of their own shares. Then on June 4, four analysts upgraded the stock pushing the price up another 4%. Wal-Mart is simply a tremendous business selling at a discount; it has been an underperformer for the past 5 years and it has several catalysts in place to move the price up dramatically before the end of 2007. Underperformance • Consumer services sector 5-year 7.58% vs S&P 500 36% • 4th worst 5-year performer out of 12 industries • Wal-Mart underperformed the consumer services sector 5-year return of -2.71% is 4th worst Catalysts • Change of CEO (Lee Scott) • Re-accelerating economy • First-to-market of $100 PC summer 2007 • Growth in internet pick up program • Increases in sale store sales

Price/cash flow = 5.4 Jet Blue's stock will perform like West Jet, which is its little cousin in Canada. Currently in a turnaround mode that's nearing the end. Short interest at 27% of float makes this a short squeeze candidate.

Bombay, an antique-style furniture retail store has tanked from a stock price high of $30 to today's $0.47 due to poor management and over-expansion. However, almost the entire management team has been changed and a new CEO, David Stewart, has been brought in on Jun 5, 06. The company is now in the second phase of its three phase turnaround plan. Stewart is a turnaround specialist and also has tremendous experience in the retail sector including: - President of Blockbuster Video Canada - President and CEO of Marks & Spencer - President and CEO of UCS Group - President and CEO of Brettons - Sears Canada and Sears Roebuck's VP, men's and children's apparel Discounting the inventory by 35% gives Bombay a $0.45 liquidation value, which should act as a floor for the stock price.