The Acquirers PodcastPublished 2026-09-18
“Walmart Mexico: First Eagle asks "Is It Better Than Walmart US?"”
$WALMEXBullish
Prefer owning WALMEX over WMT due to lower valuation (15x vs 40x) despite identical business model and long-term growth potential in Mexico.
Um interestingly, if you cross the border and you go to Mexico, you can basically buy Walmart Mexico, which is owned and controlled by Walmart, run by the Walmart people, exactly the same business model, uh the same expertise, the same know-how, but at a much like younger stage and probably like years, if not decades, of like growth ahead of it.