We recently published 17 Stocks Jim Cramer Talked About. Walmart Inc. (NASDAQ:WMT) is one of the stocks Jim Cramer talked about.
Shares of mega-retailer Walmart Inc. (NASDAQ:WMT) are up 29% over the past year and 18.7% so far this year. Oppenheimer discussed the stock in February, when he raised his price target on the stock to $140 from $125 and maintained an Outperform rating on the stock. The discussion came ahead of Walmart Inc. (NASDAQ:WMT) earnings, when analysts noted that strong holiday sales, revenue momentum and favorable weather could help the company. The retailer’s stock reached a new milestone earlier this month after becoming the first in its category to cross the trillion-dollar valuation milestone. Tigress Financial had also discussed Walmart Inc. (NASDAQ:WMT) stock in late January. He noted that the company was effectively implementing artificial intelligence across its business operations to help with revenue growth and customer relationships. Cramer has talked about Walmart Inc. (NASDAQ:WMT) several times over the past few months. He has repeatedly praised the company’s ability to lower prices, and his comments were brief in this appearance:
“The king of Walmart. The king of Walmart.”
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Disclosure: None. This article was originally published in privileged monkey.