Time to Upgrade Wal-Mart (the first 35% doesn't count)

This bit of news made me laugh: http://www.gurufocus.com/news.php?id=26283

Joking aside, there were some serious points as well:

• "I think [Wal-Mart stock] is nearing fair value at current levels..."
• "...much of Wall Street's ratings "upgrades" and "downgrades" are nothing more that (sic) backward looking momentum calls or shallow extrapolation of recent trends."
• "...we should avoid the noise, and simply buy good companies when they look cheap and sell them when they look expensive."