Value Investor: Weighing Wesfarmers' worth

Shares in the retail-to-coal conglomerate are riding high after an upbeat third-quarter sales report, but the interest-rate outlook poses a threat.

Wesfarmers (ASX: WES) is popular, widely held by investors and owns consumer-friendly retail chains Coles, Bunnings and Kmart – but WES is also trading 47 per cent above value!

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