Jim Cramer Looked At 20 Stocks, Including NVIDIA, Walmart, and Rocket Companies

8. Walmart Inc. (NASDAQ:WMT)

Walmart Inc. (NASDAQ:WMT) was among the stocks Jim Cramer looked at as he explained the need for a tame bond market for the stock market to go higher. Cramer was bullish on the company during the episode and said:

Thursday, Walmart reports. Alright, let me tell you something. I remain convinced that Walmart’s among the greatest companies in our era, having been revamped into a place to shop, not just for lower incomes, but for everyone. I know so many snobs in this business who’ve never been to one. They’ve missed a whole… move. If they went to it, they’d know the truth. It’s hard to beat their prices or their selection. Yes, Walmart’s that good. I expect terrific numbers. Hey, their natural food section’s terrific.

Walmart Inc. (NASDAQ:WMT) operates retail stores, warehouse clubs, and online platforms that sell groceries, everyday essentials, home goods, apparel, electronics, and more. Cramer discussed the company during the April 7 episode, as he stated:

I want to start with the real screamers, and that’s retail. Walmart’s the biggest. Here’s a stock that truly defines the term juggernaut. It’s a value-oriented retailer that out of nowhere has begun to attract wealthier customers who make over a $100,000 a year… It’s where the less well-off buy a lot of their food and clothing. Walmart’s been a total runaway train, but that has left many other retailers behind.

Today, though, it’s saying something different. It went down 3.4%. It’s a big decline. This boost says that Walmart’s gotten too expensive for many people to shop at. Now, that’s not encouraging. Normally, when I hear Walmart’s stock whisper sweet negatives, I have to figure out whether the problem revolves around the stock of Walmart itself. Now, it’s going up huge. It’s trading at 42 times its fiscal 2027 earnings estimates, close to the highest it’s ever been. That’s rich, the multiple’s rich, and maybe the store’s too rich. I don’t know.