Jim Cramer’s 5 Stock Calls and the Impact of Iran War: Apple, Alphabet, and More

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1. Walmart Inc. (NASDAQ:WMT)

Walmart Inc. (NASDAQ:WMT) is one of Jim Cramer’s stock calls as he discussed the impact of the Iran war on the markets. Cramer highlighted that the company has “left many other retailers behind,” as he remarked:

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.

Walmart Inc. (NASDAQ:WMT) operates retail stores, warehouse clubs, and online platforms that sell groceries, everyday essentials, home goods, apparel, electronics, and more.

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