Tigress Financial Reiterated a Buy Rating on Walmart (WMT), Keeps the PT Unchanged

Walmart Inc. (NYSE:WMT) is one of the 10 Best Non-Tech Stocks to Buy and Hold For 3 Years. On July 2, Ivan Feinseth, an analyst from Tigress Financial, reiterated a Buy rating on Walmart Inc. (NYSE:WMT) with a price target of $120.

Analyst Ivan Feinseth highlighted the company’s strong market position as the world’s largest retailer. This position, coupled with the company’s cost advantage and sophisticated omnichannel infrastructure, is the key factor enabling Walmart Inc. (NYSE:WMT) to grow its market share and revenue. Feinseth noted that the company’s digital transformation and disciplined execution help maintain profitability.

The company is also focused on expanding its e-commerce, maintaining its grocery leadership, and investing in technology to leverage AI. Feinseth also noted Walmart Inc. (NYSE:WMT)’s strategy of reinvesting cash flow into new technologies, store improvements, and strategic acquisitions to enhance competitiveness and shareholder returns.

Walmart Inc. (NYSE:WMT) is an international retailer operating physical stores, e-commerce websites, and mobile apps. The company sells a wide range of products, including groceries, clothing, and household goods.

While we acknowledge the potential of WMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.