Is Walmart (WMT) The Best Defensive AI Play? Jessica Inskip Comments

We recently published 10 Stock News You Can’t Miss As Investors Watch AI Trade Momentum. Walmart Inc (NYSE:WMT) is one of the stock news you can’t miss.

Jessica Inskip from StockBrokers commented on Walmart Inc (NYSE:WMT)-OpenAI deal in a recent program on Schwab Network. The analyst is bullish on the stock amid the company’s AI execution and stability.

Walmart recently signed a deal with OpenAI to allow shoppers to make faster purchases directly through ChatGPT.

“That headline is absolutely what caught my attention. They’re bridging AI innovation with everyday retail execution. And as I’m thinking about transformative AI and we’ve talked about the internet of all things and how it integrates into e-commerce, it’s agentic e-commerce. So this is a wonderful example of that. This enhances operational efficiency, customer engagement, but Walmart also has a disciplined pricing strategy which preserves its brand trust and additionally it has a low beta. It’s about 0.6 and a strong balance across categories. So it gives it really Walmart’s a defensive growth play that can be stable in volatility because of the lower beta, but it has innovative and execution with that OpenAI partnership,” Inskip said.

While we acknowledge the risk and potential of WMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WMT and that has 10,000% 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.