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Walmart Inc. (NASDAQ:WMT) ranks among the best stocks for a couch potato portfolio. On May 7, TD Cowen increased its price target for Walmart Inc. (NASDAQ:WMT) to $150 from $145, while keeping a Buy rating on the company’s shares. The firm anticipates Walmart’s strength to persist into the first quarter, aided by strong grocery traffic and softer general retail comparisons. TD Cowen expects the company to outperform the Street’s 3.9% comparable sales estimate and reiterate its full-year outlook.

The firm predicts that investors will continue to prioritize operational income durability above headline acceleration. However, it added that valuation remains a common investment concern.

Meanwhile, after visiting Walmart’s fashion pop-up store, D.A. Davidson reaffirmed a Buy rating and a $150 price objective for the company’s shares. The store specializes in high-quality, affordable “trend-forward” clothes, such as the Devil Wears Prada x Scoop collaboration.

According to D.A. Davidson, Walmart Inc. (NASDAQ:WMT) has had success in fashion in recent years, with the company gaining above-average market share among higher-income consumers.

Walmart Inc. (NASDAQ:WMT) operates as a technology-powered omnichannel retailer. The company operates retail and wholesale stores and clubs, as well as e-commerce websites and mobile apps.

While we acknowledge the potential of WMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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