Citi Reaffirms Buy on Walmart (WMT) on Growth Momentum and E-Commerce Push

Walmart Inc. (NYSE:WMT) is one of the top stocks to buy and hold forever. Walmart Inc. (NYSE:WMT) is a consistent performer, deriving strength from its scale, supply chain advantages, and price leadership, which give it an advantage over the competition.

Confirming the bullish outlook, on August 22, Citi analyst Paul Lejuez reiterated his Buy rating on Walmart Inc. (NYSE:WMT) with a $120 price target. Q2 2025 earnings came in slightly below expectations, but he pointed to strength in U.S. comparable sales, faster e-commerce growth, and rising contributions from advertising and membership income.

Citi Reaffirms Buy on Walmart (WMT) on Growth Momentum and E-Commerce Push

Is it a Wise Move to Invest in Walmart Inc. (WMT)?

Lejuez noted that Walmart Inc. (NYSE:WMT) is gaining share across income groups, including higher-income households, and sees its scale and efficiency as competitive advantages. While near-term headwinds exist, the analyst expects sales and operating income growth to continue, supported by a more favorable tariff environment.

Walmart Inc. (NYSE:WMT) is up a healthy 7% so far this year, and the consensus 1-year median price target still indicates an 18% upside.

Walmart Inc. (NYSE:WMT) is a retail corporation that operates hypermarkets, discount department stores, and e-commerce platforms serving customers globally.

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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Disclosure: None. This article is originally published at Insider Monkey.