Core Insights - Walmart Inc. is recognized as one of the 11 Most Profitable Blue Chip Stocks to buy, highlighting its strong profitability and significant upside potential [1][2]. Financial Performance - KeyBanc Capital Markets maintains an Overweight rating on Walmart with a price target of $110, citing the company's solid performance across retail, membership, advertising, and fulfillment [2][3]. - Walmart reported annual revenue of $693 billion and a gross profit margin of 24.9%, which are key factors contributing to its sales and market share growth despite a net price inflation of 1.1% in the second quarter [3]. Strategic Developments - Walmart-owned PhonePe has filed for an initial public offering (IPO) worth approximately 120 billion rupees, indicating Walmart's ongoing expansion in global markets and digital banking services [4]. - The company's diversified growth strategy is reinforced by its ability to balance core retail strengths with high-potential alternative businesses [4]. Operational Overview - Walmart operates a variety of platforms including mobile applications, e-commerce websites, and retail locations worldwide, encompassing Walmart U.S., Walmart International, and Sam's Club [5].