Wal-Mart Stores, Inc. 2013 Q1 April

Company name	Wal-Mart Stores, Inc.
Compare	2013 Q1 April
Fiscal Year End	January
Exchange	NYSE
Exchange code	WMT								www.laurison.com
Sector	Services
Industry	Retail (Department and Discount)
Description	Wal-Mart Stores, Inc. (Walmart) operates retail stores in various formats around globally. Everyday low prices (EDLP) is the Company’s pricing philosophy under, which it price items at a low price everyday. The Company’s operates in three business segments: the Walmart U.S. segment, the Walmart International segment, and the Sam’s Club segment. During the fiscal year ended January 31, 2012 (fiscal 2012), its Walmart U.S. segment accounted for approximately 60% of its net sales and operates retail stores in various formats in all 50 states in the United States and Puerto Rico, as well as Walmart’s online retail operations, walmart.com. Its Walmart International segment consists of retail operations in 26 countries. Its Sam’s Club segment consists of membership warehouse clubs operated in 47 states in the United States and Puerto Rico, as well as the segment’s online retail operations, samsclub.com. During 2012, Sam’s Club accounted for approximately 12% of its net sales.
				All indicators in Comparable values
Comparative indicators	2013 Q1	2012 Q1	Change %	Points		Comparative indicators	2013 Q1	2012 Q4	Change %	Points
Total Revenue	114,187.00	113,018.00	1.03%	3		Total Revenue	114,187.00	127,919.00	-10.73%	2
Gross Profit	28,160.00	27,832.00	1.18%	3		Gross Profit	28,160.00	31,791.00	-11.42%	2
Operating Income	6,456.00	6,387.00	1.08%	3		Operating Income	6,456.00	8,600.00	-24.93%	2
Net Income	3,784.00	3,742.00	1.12%	3		Net Income	3,784.00	5,606.00	-32.50%	2
Earnings Per Share (EPS)	1.14	1.09	4.59%	3		Earnings Per Share (EPS)	1.14	1.67	-31.74%	2
Return On Assets (ROA)	1.87%	1.90%	-1.42%	2		Return On Assets (ROA)	1.87%	2.76%	-32.19%	2
Gross Margin %	24.66%	24.63%	0.14%	3		Gross Margin %	24.66%	24.85%	-0.77%	2
Operating Margin %	5.65%	5.65%	0.05%	3		Operating Margin %	5.65%	6.72%	-15.90%	2
Profit Margin %	3.31%	3.31%	0.09%	3		Profit Margin %	3.31%	4.38%	-24.38%	2
Cash and Short Term Investments	8,855.00	8,117.00	9.09%	3		Cash and Short Term Investments	8,855.00	7,781.00	13.80%	3
Total Liabilities / Total assets %	65.26%	65.01%	0.38%	3		Total Liabilities / Total assets %	65.26%	62.41%	4.56%	3
Total Assets / Shares Outstanding	61.01	58.06	5.09%	3		Total Assets / Shares Outstanding	61.01	59.42	2.67%	3
Stock Price in Exchange	77.72	58.91	31.93%	4		Stock Price in Exchange	77.72	69.95	11.11%	5
Line 13 / Line12 %	127.39%	101.47%	25.54%	3		Line 13 / Line12 %	127.39%	117.72%	8.22%	3
			Total	42					Total	35
Total Assets	202,187.00	197,100.00	2.58%			Total Assets	202,187.00	203,105.00	-0.45%
Total Liabilities	131,938.00	128,136.00	2.97%			Total Liabilities	131,938.00	126,762.00	4.08%
Shares Outstanding	3,314.00	3,395.00	-2.39%			Shares Outstanding	3,314.00	3,418.00	-3.04%
				LAURISON RANK		2.75
				RECOMMENDATION		SELL/HOLD
				TARGET PRICE		71.24 $
						©2013 www.laurison.com  All rights reserved

Cisco Systems, Inc. 2013 Q3 April

Company name	Cisco Systems, Inc.
Compare	2013 Q3 April
Fiscal Year End	July
Exchange	NYSE
Exchange code	CSCO								www.laurison.com
Sector	Technology
Industry	Communications Equipment
Description	Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. It provides a line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Its products are designed to transform how people connect, communicate, and collaborate. It has five segments: United States and Canada, European Markets, Emerging Markets, Asia Pacific, and Japan. The Emerging Markets theater consists of Eastern Europe, Latin America and Russia and the Commonwealth of Independent States. In December 2012, the Company acquired Meraki, Inc. Effective January 31, 2013, the Company acquired Cariden Technologies Inc. Effective February 13, 2013, the Company acquired BroadHop Inc. In February 2013, it acquired Intucell.
				All indicators in Comparable values
Comparative indicators	2013 Q3	2012 Q3	Change %	Points		Comparative indicators	2013 Q3	2012 Q2	Change %	Points
Total Revenue	12,216.00	11,588.00	5.42%	3		Total Revenue	12,216.00	12,098.00	0.98%	3
Gross Profit	7,511.00	7,169.00	4.77%	3		Gross Profit	7,511.00	7,343.00	2.29%	3
Operating Income	2,942.00	2,735.00	7.57%	3		Operating Income	2,942.00	2,789.00	5.49%	3
Net Income	2,478.00	2,165.00	14.46%	3		Net Income	2,478.00	3,143.00	-21.16%	2
Earnings Per Share (EPS)	0.47	0.40	17.50%	3		Earnings Per Share (EPS)	0.47	0.59	-20.34%	2
Return On Assets (ROA)	2.55%	2.38%	7.47%	3		Return On Assets (ROA)	2.55%	3.26%	-21.73%	2
Gross Margin %	61.48%	61.87%	-0.62%	2		Gross Margin %	61.48%	60.70%	1.30%	3
Operating Margin %	24.08%	23.60%	2.04%	3		Operating Margin %	24.08%	23.05%	4.47%	3
Profit Margin %	20.28%	18.68%	8.57%	3		Profit Margin %	20.28%	25.98%	-21.92%	2
Cash and Short Term Investments	47,388.00	48,412.00	-2.12%	2		Cash and Short Term Investments	47,388.00	46,376.00	2.18%	3
Total Liabilities / Total assets %	41.50%	43.66%	-4.95%	4		Total Liabilities / Total assets %	41.50%	42.40%	-2.13%	4
Total Assets / Shares Outstanding	18.21	16.93	7.52%	3		Total Assets / Shares Outstanding	18.21	18.11	0.56%	3
Stock Price in Exchange	20.92	20.16	3.77%	5		Stock Price in Exchange	20.92	20.57	1.70%	5
Line 13 / Line12 %	114.90%	119.05%	-3.49%	4		Line 13 / Line12 %	114.90%	113.61%	1.13%	3
			Total	44					Total	41
Total Assets	97,084.00	91,154.00	6.51%			Total Assets	97,084.00	96,378.00	0.73%
Total Liabilities	40,286.00	39,797.00	1.23%			Total Liabilities	40,286.00	40,863.00	-1.41%
Shares Outstanding	5,331.97	5,383.00	-0.95%			Shares Outstanding	5,331.97	5,323.00	0.17%
				LAURISON RANK		3.04
				RECOMMENDATION		BUY/HOLD
				TARGET PRICE		21.17 $
						©2013 www.laurison.com  All rights reserved

Johnson & Johnson 2013 Q1 March

Company name	Johnson & Johnson
Compare	2013 Q1 March
Fiscal Year End	December
Exchange	NYSE
Exchange code	JNJ								www.laurison.com
Sector	Healthcare
Industry	Biotechnology and Drugs
Description	Johnson & Johnson is a holding company. The Company is engaged in the research and development, manufacture and sale of a broad range of products in the health care field. The business of Johnson & Johnson is conducted by more than 275 operating companies located in 60 countries, including the United States, which sell products in virtually all countries throughout the world. The Company’s primary focus has been on products related to human health and well-being. The Company is organized into three business segments: Consumer, Pharmaceutical and Medical Devices and Diagnostics. The Company's subsidiaries operate 146 manufacturing facilities occupying approximately 21.6 million square feet of floor space. In March 2013, Johnson & Johnson's Cordis Corporation announced the acquisition Of Flexible Stenting Solutions, Inc.
				All indicators in Comparable values
Comparative indicators	2013 Q1	2012 Q1	Change %	Points		Comparative indicators	2013 Q1	2012 Q4	Change %	Points
Total Revenue	17,505.00	16,139.00	8.46%	3		Total Revenue	17,505.00	17,558.00	-0.30%	2
Gross Profit	11,951.00	11,224.00	6.48%	3		Gross Profit	11,951.00	11,555.00	3.43%	3
Operating Income	4,261.00	5,045.00	-15.54%	2		Operating Income	4,261.00	3,100.00	37.45%	4
Net Income	3,497.00	3,910.00	-10.56%	2		Net Income	3,497.00	2,567.00	36.23%	4
Earnings Per Share (EPS)	1.22	1.41	-13.48%	2		Earnings Per Share (EPS)	1.22	0.91	34.07%	4
Return On Assets (ROA)	2.88%	3.37%	-14.49%	2		Return On Assets (ROA)	2.88%	2.12%	36.02%	4
Gross Margin %	68.27%	69.55%	-1.83%	2		Gross Margin %	68.27%	65.81%	3.74%	3
Operating Margin %	24.34%	31.26%	-22.13%	2		Operating Margin %	24.34%	17.66%	37.87%	4
Profit Margin %	19.98%	24.23%	-17.54%	2		Profit Margin %	19.98%	14.62%	36.64%	4
Cash and Short Term Investments	21,668.00	33,847.00	-35.98%	2		Cash and Short Term Investments	21,668.00	21,089.00	2.75%	3
Total Liabilities / Total assets %	44.99%	47.19%	-4.65%	4		Total Liabilities / Total assets %	44.99%	46.58%	-3.41%	4
Total Assets / Shares Outstanding	43.45	42.32	2.66%	3		Total Assets / Shares Outstanding	43.45	43.79	-0.77%	2
Stock Price in Exchange	81.53	65.96	23.61%	5		Stock Price in Exchange	81.53	70.10	16.31%	5
Line 13 / Line12 %	187.63%	155.84%	20.40%	3		Line 13 / Line12 %	187.63%	160.09%	17.21%	3
			Total	37					Total	49
Total Assets	121,536.00	116,194.00	4.60%			Total Assets	121,536.00	121,347.00	0.16%
Total Liabilities	54,681.00	54,828.00	-0.27%			Total Liabilities	54,681.00	56,521.00	-3.26%
Shares Outstanding	2,797.00	2,745.30	1.88%			Shares Outstanding	2,797.00	2,771.20	0.93%
				LAURISON RANK		3.07
				RECOMMENDATION		BUY/HOLD
				TARGET PRICE		83.47 $
						©2013 www.laurison.com  All rights reserved