7 Best Jewellery Stocks to Buy Now

2. Walmart Inc. (NASDAQ:WMT)

Number of Hedge Fund Holders: 104 

Analysts’ Upside Potential as of January 13: 4.58%

Walmart Inc. (NASDAQ:WMT) is among the Best Jewellery Stocks.

RBC Capital upgraded its price target for Walmart Inc. (NASDAQ:WMT)  to $126 from $123 on January 14, 2026, and retained an Outperform rating, as reported by TheFly on January 14, 2026. A meeting with the corporation’s EVP of AI Acceleration, Product, and Design preceded the modification. RBC stated that management’s tone and language were constructive. According to the firm, the company stands to gain from a greater use of AI and agentic search. Additionally, RBC raised its projected forward earnings multiple to 38 times, pointing to the recent strength of the market.

Separately, following Walmart Inc. (NASDAQ:WMT)’s presentation at the ICR Conference on January 14, 2026, Goldman Sachs reaffirmed a Buy rating with a $121 price target. As reported by Goldman, the company’s management sounded positive about AI and anticipates that it will continue to be a major priority for the company until 2026. The firm went on to state that the corporation might gain from partnerships with Google and OpenAI in terms of incremental sales. It also highlighted that their sizable user bases and capacity to interact with consumers on occasion are not solely commercial in nature.

Walmart Inc. (NASDAQ:WMT) is one of the biggest retailers in the world.