#4 - Walmart (NYSE:WMT)
Walmart Inc. (NYSE: WMT) is not usually a growth stock. However, with a 76% increase in its stock price in the last 12 months, WMT stock has been one of the strongest performers in any sector, let alone the maligned retail sector, with retail spending up just 3.7% in 2024.
The reason is that Walmart’s investments in e-commerce and AI are coming together to meet the current moment. That moment includes value-conscious consumers looking to make their dollars stretch further for staple items. At the same time, Walmart is seeing revenue growth from more affluent consumers who are rediscovering Walmart as a place for value in their discretionary purchases.
No matter what happens in the economy in 2025, shopping habits tend to take a long time to break. That bodes well for another robust year for WMT stock. Analysts are raising their price targets on the stock, and investors can also look forward to a dividend increase in February 2025.
About Walmart
Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.
Read More - Current Price
- $90.35
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 29 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $93.69 (3.7% Upside)
