Jim Cramer Remembers COVID-19 & Discusses These 11 Stocks

2. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders In Q4 2024: 115

Walmart Inc. (NYSE:WMT) is the largest brick-and-mortar retailer in the world. The firm has leveraged its heft to carve out an important place for itself in today’s inflationary era. Walmart Inc. (NYSE:WMT)’s low price model and ability to drive prices lower have led to its shares gaining 63% over the past year. However, the stock dipped by 9% in February after the firm’s full-year midpoint EPS guidance of $2.55 fell below analyst expectations of $2.76. Here’s what Cramer said about Walmart Inc. (NYSE:WMT):

“Walmart and Costco and TJ Max, TJX, we own, I wish we owned Walmart but we can’t own all three, it’s very undiversified. But those are the three companies that are doing the most to cut prices. . . .Costco targets those who don’t bring the price down. And they have been the major inflation fighter in this country other than Doug McMillan of Walmart. Walmart doesn’t get credit. Now if you go to Walmart you’re kind of astounded. . . You look at the prices at Walmart they are very reminiscent of what they were and I’m not just talking about the. . . mustard.”