Walmart's Strategic Partnership with OpenAI Evaluated

Walmart Inc (NYSE:WMT) is among the favorites of investment expert Jim Cramer. Cramer emphasized that he values this retail giant due to its scale and ability to lower prices. The CNBC host noted that Walmart, along with other major players like Costco and Amazon, has the potential to dominate the market. At the same time, Cramer mentioned that Walmart increased its revenues following comments about Target, indicating that this strong performance suggests inflation may not rise significantly.

On the morning of October 14, Cramer stated that Walmart's partnership with OpenAI is a reason to buy the stock. Cramer said, “Walmart announced that it is introducing the shopping cart over ChatGPT with OpenAI. This is a direct attack on Amazon, in addition to what is known about Etsy. There is no sector that OpenAI is not interested in. This is a good example of why you should own this stock today due to Walmart’s new announcement.”

When evaluating WMT in terms of investment potential, we argue that some artificial intelligence stocks have a higher potential for returns and carry more limited downside risk.