Jim Cramer Reveals Why He’d Buy Walmart (WMT)

Published on May 28, 2026 at 9:39 am by Ramish Cheema in News

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Walmart Inc. (NASDAQ:WMT) is one of the stocks discussed by Jim Cramer.

Retail giant Walmart Inc. (NASDAQ:WMT)’s shares are up by 23% over the past year and 6.7% year-to-date. May has been a tough month for the stock as it closed 7.3% lower on the 21st. The dip came as Walmart Inc. (NASDAQ:WMT) reported its first-quarter fiscal year 2027 earnings. The results saw the firm post $177 billion in revenue and $0.66 cent in earnings per share to beat analyst revenue estimates and meet them for earnings. Yet, for its fiscal year earnings, Walmart Inc. (NASDAQ:WMT) guided a range of $2.75 to $2.85 while analysts had penciled in $2.91. RBC Capital lowered the share price target to $137 from $140 and kept an Outperform rating. The bank commented on the impact of fuel prices and costs and their flow through during the quarter. Cramer also commented on the fuel prices and shared additional context:

“Yeah look, I’m going to say to buy Walmart. I think that right now people are a little overreacting to their gasoline comment. Particularly because, let’s say the President comes out, and says, you know, comments, that we’re closer than ever, it’s almost over, we’re at the finish line, we’re five yards from the finish line. Meters, I don’t know. Then that stock, you’re going to say, oh what’s down that I can buy that would really help, even if gasoline takes a little while to get back. And the answer is you’d reach for that, number one. Number one. So why not buy that now, it’s derisked. . .”