Group 1 - Walmart Inc. (NASDAQ:WMT) is one of the largest retailers globally, with shares increasing by 25% over the past year and 4.5% year-to-date [2] - Bernstein raised the share price target for Walmart to $129 from $122 and maintained an Outperform rating, citing potential benefits from medium to high-income consumers [2] - Wells Fargo also reiterated an Outperform rating with a price target of $130, noting Walmart's strong leadership and resilience against CEO departure [2] Group 2 - Jim Cramer highlighted Walmart's ability to compete effectively with Amazon, indicating a positive outlook for the stock [2][3] - Cramer suggested that the rise in Walmart's stock reflects a growing interest in domestic stocks, as investors are looking to bring their money back to domestic markets [3]
Walmart (WMT) is a Sign of Growing Interest in Domestic Stocks, Says Jim Cramer