Zacks recommended buying Walmart stock, citing the expected sales lifts from strategic initiatives like Project Elevate and Project Renovate, despite recent dips in consumer confidence.
- The recommendation is further supported by Walmart's ongoing omnichannel acceleration, digital scaling efforts, and the high-margin DG Media Network, which are driving market share gains and a favorable profit mix shift.
- The stock closed at $117.41, posting a gain of 0.72% on January 29, 2026.