Walmart Stock Holds Defensive Appeal During Difficult Times, Says Analyst

TipRanks2022-08-20

Story HighlightsWalmart’s Q2 success led Robert W. Baird analyst Peter Benedict to give a resounding Buy rating to the company’s stock. Here are a few of his takeaways from the management’s earnings ...

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Comments

喜慶吉祥好運
2022-08-21
喜慶吉祥好運
Ok thanks
andrew123
2022-08-21
andrew123
Like
Enenen
2022-08-20
Enenen
C
Shishir
2022-08-20
Shishir
H
NEWBIE
2022-08-20
NEWBIE
Ok
Monkey123
2022-08-20
Monkey123
Ok

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Here are a few of his takeaways from the management’s earnings ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/wmt-stock-holds-defensive-appeal-during-difficult-times-says-analyst\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Walmart Stock Holds Defensive Appeal During Difficult Times, Says Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWalmart Stock Holds Defensive Appeal During Difficult Times, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-20 08:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/wmt-stock-holds-defensive-appeal-during-difficult-times-says-analyst><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsWalmart’s Q2 success led Robert W. Baird analyst Peter Benedict to give a resounding Buy rating to the company’s stock. Here are a few of his takeaways from the management’s earnings ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/wmt-stock-holds-defensive-appeal-during-difficult-times-says-analyst\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WMT","symbol_name":"沃尔玛","start_time":0,"source_url":"https://www.tipranks.com/news/article/wmt-stock-holds-defensive-appeal-during-difficult-times-says-analyst","article_id":"2260322244","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606183248679","url":"https://www.tipranks.com/news/article/wmt-stock-holds-defensive-appeal-during-difficult-times-says-analyst","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2260322244","pubTimestamp":1660956262,"sourceInfo":{"source_id":"lsy1606183248679","name":"TipRanks"},"weMediaInfo":null,"summary":"Story HighlightsWalmart’s Q2 success led Robert W. Baird analyst Peter Benedict to give a resounding","collect":0,"end_time":0,"defaultTopTitle":"tipranks.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WMT":"沃尔玛"},"translate_title":"分析师表示，沃尔玛股票在困难时期具有防御性吸引力","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WMT":1},"content_text":"Story HighlightsWalmart’s Q2 success led Robert W. Baird analyst Peter Benedict to give a resounding Buy rating to the company’s stock. Here are a few of his takeaways from the management’s earnings commentary.Low-price retailer Walmart’s (NYSE: WMT) solid quarterly results from earlier this week proved its resilience and operational excellence in the face of severely uncertain market conditions. Robert W. Baird analyst Peter Benedict deliberated over the company’s quarterly performance and its current progress and emerged bullish on Walmart’s prospects.Too Many Upsides to IgnoreWalmart’s affordable products, especially in the grocery segment, helped pull more middle-to-high income customers to its stores as inflation rose to a 40-year high during Q2. Mentioning research firm Nielsen’s findings, Benedict noted that the company continues to gain market share in the grocery domain.Right-sizing its inventory is another step taken by Walmart, which Benedict believes will help the company operate better. Walmart has been focusing on reducing excess inventory, particularly in hardlines, since the first quarter of this year. 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He believes that the strategy to redirect the company toward a fully-integrated omnichannel retail service has helped keep the chain ahead in competition “at a time when many traditional retailers are losing relevancy with consumers.”Additionally, the company is rapidly scaling its various other early-stage, higher-margin income streams, such as advertising, marketplace, fulfillment services, financial and healthcare services, and data monetization, which have led to a more diversified profit model and a hedge against the impact of market changes.Benedict noted, “These diversified profit pools represent valuable levers management can pull to fund reinvestment back into the customer value proposition (initiatives like Walmart+) while simultaneously driving sustained EBIT dollar growth.”Is WMT Stock a Good Buy Now?After carefully considering all the points, Benedict believes that Walmart can be a compelling stock to buy for the longer term. Needless to say, he reiterated a Buy rating on WMT stock and raised his price target to $155 from $140.Wall Street, in general, is also bullish on the stock. The sentiment is supported by 21 Buys and seven Holds.WMT’s average stock forecast reflects an average price target of $151.61, indicating 9% upside to current price levels.Closing RemarksAll in all, Walmart’s smart pricing, income diversification strategy, inventory right-sizing efforts, and operational excellence are the pillars that are holding the company strong against headwinds. 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