11 Best Natural and Organic Food Stocks to Buy Now

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1. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 104

Walmart Inc. (NYSE:WMT) is one of the best natural and organic food stocks to buy now. In a report released on February 17, Telsey Advisory reaffirmed a Buy rating on Walmart Inc. (NYSE:WMT) and set a price target of $135.00. The same day, Rothschild & Co Redburn raised their price target on the stock to $150 from $110 while reiterating a Buy rating on the shares and telling investors that it sees the company’s digital opportunities driving 14% annual earnings growth through 2028. According to the firm, Walmart Inc. (NYSE:WMT) has “multiple levers” to deliver this growth, with its AI opportunities driving incremental upside.

Walmart Inc. (NYSE:WMT) also received a rating update from KeyBanc on February 13, with the firm adjusting the price target on the stock to $145 from $128 and keeping an Overweight rating on the shares. It told investors that Walmart Inc. (NYSE:WMT) is one of the best-positioned names to navigate the current environment. The firm added that while economic data is exhibiting mixed signals with improved housing data and job growth and lower mortgage/interest rates, headwinds remain from a higher cost of living and low consumer confidence. Looking ahead, KeyBanc sees a potential positive catalyst to spending from easier monetary policy and higher tax refunds, which should help accelerate spending in the months ahead.

Walmart Inc. (NYSE:WMT) is an omnichannel retailer operating retail and wholesale stores, clubs, e-commerce websites, and mobile applications. It offers an elaborate array of items, including fresh and organic food options, beverages, general merchandise, electronics, and more.

While we acknowledge the potential of WMT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WMT and that has 100x upside potential, check out our report about this cheapest AI stock.

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