Celebrity Chef Bobby Flay Explains Why Walmart (WMT) is His Top Pick – ’Upside Going to Continue’

Walmart is currently in the news after the company warned that it would have to raise prices due to the impact of Trump’s tariffs. However, the stock remains attractive for many investors having a long-term view.

Robert William Flay, celebrity chef, restaurateur, TV personality, and best-selling author, explained in a recent program on CNBC why Walmart Inc (NYSE:WMT) is his top pick. The chef said he’s keeping a keen eye on retailers and believes Walmart has more room to run amid the current environment.

“I think that there’s a lot of uncertainty. We don’t know which direction we’re going in from minute to minute, not even from day to day anymore. And so, you know, a place like Walmart is trusted. I think people could continue, will need to continue to spend, but I think that they’ll be looking for the right prices and trusted places like a place like Walmart. I pay a lot of attention to the retail business. You guys mentioned Nacho—I actually have a CPG company called Made by Nacho, which is a, it’s actually a cat food company. And so I pay a lot of attention to big box retailers and specialty retailers, etc., across the board, and they seem to have so far weathered the storm this year. And I just think that their upside is going to continue.”

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