Forget Amazon, This Brick-And-Mortar Retail Giant Is Wall Street's 'Top Idea' For 2025: Here's Why - Amazon.com (NASDAQ:AMZN), Walmart (NASDAQ:WMT)

As the new year begins, this Wall Street analyst expects one legacy retail giant to stand out from the pack.American Consumers Continue ‘To Be Resilient’TD Cowen's Oliver Chen said he remains optimistic about consumer momentum heading into the new year, citing a strong holiday season as a key driver behind his outlook, as he appeared on CNBC’s “Closing Bell” on Saturday. “Holiday period was very good,” he said, adding that it prompted his team to raise their estimates by 4% to 5%.Chen pointed to a sharply d ...