10 Consumer Defensive Stocks to Buy Now

6. Walmart Inc. (NYSE:WMT)

Upside Potential: 15.33%

Number of Hedge Fund Holders: 100

Walmart Inc. (NYSE:WMT) is one of 10 consumer defensive stocks to buy now. Mizuho analysts have raised their price target on Walmart Inc. (NYSE:WMT) to $115 from $105 while reiterating an Outperform rating on the stock. The upgrade reflects Mizuho’s growing confidence in Walmart’s ongoing transformation and its ability to leverage technology to drive growth and operational efficiency.

In a note to investors, the firm praised Walmart’s rapid evolution from traditional retail into a tech-enabled powerhouse. Central to this shift is the company’s investment in faster delivery capabilities, which includes deepening its network of micro-fulfillment centers and integrating online and in-store operations. These enhancements have paved the way for higher delivery volumes and greater customer convenience. Mizuho analysts highlighted several key factors supporting their bullish call. First, Walmart’s ability to offer same-day or next-day delivery on a wide range of products positions it ahead of many competitors in the omnichannel retail space. Second, the scalability of these delivery platforms creates meaningful margin opportunities as volume grows. Finally, Walmart’s digital infrastructure, spanning e-commerce, fulfillment, and logistics, serves as a durable competitive advantage.

Walmart has already demonstrated strong growth in its grocery and general merchandise e-commerce segments, showcasing both resilience and adaptability amid shifting consumer preferences. Mizuho believes the company is well-positioned to benefit from rising demand for online shopping and secure, fast delivery services. As a result, the firm views Walmart Inc. (NYSE:WMT) as a leading beneficiary of retail industry digitization and recommends the stock as a top pick in the consumer sector.