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Home / Columnists / Berko / Wal-Mart, like bacterium, can’t grow forever (access required)

Wal-Mart, like bacterium, can’t grow forever (access required)

DEAR MR. BERKO: My broker wants me to sell my 2,094 shares of Wal-Mart and use $8,000 of the money to take what he calls a "businessman's risk" and buy 2,000 shares of Tower Group International, which would pay a 66-cent dividend yielding 17 percent, at $3.89. His insurance agent represents Tower, which insists that ...

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