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Walmart (WMT) Is a Great American Company, Says Jim Cramer

We recently published 10 Stocks on Jim Cramer’s Radar.  Walmart Inc. (NYSE:WMT) is one of the stocks that on Jim Cramer’s radar.

Retail giant Walmart Inc. (NYSE:WMT)’s shares are up by 24% over the past year and by 12% year-to-date. Oppenheimer raised the firm’s share price target to $140 from $125 and kept an Outperform rating in February. The action came after UBS had bumped the target to $135 from $122 and kept a Buy rating. Tigress Financial had also raised the target to $135 from $130 and kept a Buy rating. The firm pointed out that Walmart Inc. (NYSE:WMT) was successfully integrating artificial intelligence and automation in its operations to grow revenue and improve customer experience. Cramer has consistently discussed Walmart Inc. (NYSE:WMT) over the past couple of months. One theme that the CNBC TV host has maintained throughout his comments is his belief that the retailer continues to keep low prices for Americans. In this episode, he discussed Walmart Inc. (NYSE:WMT) after co-host Carl Quintanilla pointed to the stock’s performance on Thursday:

“All great companies, this felt like, not 2023, when we had a comeback from COVID. Not 2016 when we had a comeback from the China problem. It felt like pre-FANG, it felt like pre FANG was invented. In 2013. Because those were so exciting and those pulled away. No, the companies that are pulling away are all household names. I say welcome back to traditional investing which is so much fun. We’re not looking at annual revenue. . .annual revenue rate, we’re not doing that. We’re not doing the Rule of 40, I mean as much as I like what Palantir is doing, I mean let’s give the due to some of these companies that are fantastic that we remember. I’m talking about great American companies, like a Walmart.”

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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