We recently published 17 Stocks Jim Cramer Talked About. Walmart Inc. (NASDAQ:WMT) is one of the stocks that Jim Cramer talked about.
Mega retailer Walmart Inc. (NASDAQ:WMT)’s shares are up by 29% over the past year and by 18.7% year-to-date. Oppenheimer discussed the stock in February as it raised the share price target to $140 from $125 and kept an Outperform rating on the shares. The discussion came before Walmart Inc. (NASDAQ:WMT)’s earnings, as analysts pointed out that strong holiday sales, top-line momentum, and favorable weather could help the firm. The retailer’s stock achieved a new milestone earlier this month after it became the first in its category to cross the $1 trillion valuation milestone. Tigress Financial had also discussed Walmart Inc. (NASDAQ:WMT)’s shares in late January. It had pointed out that the firm was effectively implementing artificial intelligence across its business operations to help with revenue growth and customer relations. Cramer has discussed Walmart Inc. (NASDAQ:WMT) several times over the past couple of months. He has repeatedly praised the firm’s ability to lower prices, and his remarks were brief in this appearance:
“Walmart’s king. Walmart’s king.”
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Disclosure: None. This article is originally published at Insider Monkey.
