Walmart Inc tingles the market with diverse observations from analysts, advisors, and hedge funds. Affectionately named '
The Inflation Fighter with Surprisingly Great Clothes' by Jim Cramer, the store- turned e-commerce giant has surpassed expectations. Notably, its executive vice president sold stocks worth
$3.75 million, countering purchases by
Robertson Stephens Wealth Management,
McHugh Group,
Cassia Capital Partners,
Deltec Asset Management, and others. Despite job cuts pre Q4 results, Walmart assets are cited as a safe, long-term investment, with
Oakworth Capital increasing their shareholdings. Stocks have soared, leading the retail industry, despite tariff concerns. With dividend yields augmenting, Walmart's resilience against market turmoil breaks into new all-time highs. A target price of
$110 from Oppenheimer, and TD Cowen, among others, fans the bullish sentiment. The company also forecasted robust growth to
$115 by a Wall Street analyst, dispelling bearish notions. This amidst the rivalry with Amazon who projects a whopping
$187 billion quarterly revenue. While some advisors and entities have reduced their shares, new stake acquisitions overshadow with an optimistic outlook for 2025.
Walmart Stocks News Analytics from Tue, 17 Dec 2024 08:00:00 GMT to Sat, 08 Feb 2025 22:00:05 GMT -
Innovation 3
- Information 9
