Jim Cramer Recommends Buying Shares of Walmart

On 3 September, television commentator Jim Cramer recommended buying Walmart shares on Mad Money after the stock fell 3%. Cramer described Walmart as a continually strong business that investors should buy and hold, even as rival Target showed a sharper short-term turnaround under its new management.

For its fiscal second quarter of 2027, Walmart reported that revenue increased 5.9% to $187.9 billion. Global e-commerce sales jumped 23%, advertising revenue rose 38%, and membership-fee revenue grew 17%. However, Walmart U.S. comparable sales rose just 2.6%, marking its weakest quarterly pace in six years. CEO John Furner stated that Walmart would direct its $2.9 billion tariff refund into customer experience and price investments.

Wall Street analysts have reaffirmed positive outlooks for the company. On 31 August, Tigress Financial analyst Ivan Feinseth reaffirmed a Buy rating with a $155 price target, pointing to an AI-driven platform transformation and higher-margin opportunities. On 24 August, Morgan Stanley maintained a Buy rating with a $125 price target, highlighting the resilient expansion of Walmart+.

Walmart shares traded at 37.31 times forward earnings as of 4 September. Institutional interest has also expanded, with 111 hedge funds holding the stock in the second quarter, up from 99 in the prior quarter. Fisher Asset Management was the largest shareholder among tracked funds, holding 41.5 million shares, while Walmart short interest stood at 1.4%.