WMT - This Retail Giant Is TD Cowen's 'Best Stock' For 2024 | Benzinga
TD Cowen has named Walmart, Inc. (NYSE: WMT) its overall "Best Stock" pick for 2024.
The Details: TD Cowen senior retail analyst Oliver Chen maintained Walmart with an Outperform rating and set a price target of $188, naming the retail giant his best stock pick for the coming year.
In an interview Wednesday on CNBC's "Squawk Box," Chen highlighted Walmart as a leader in retail technology with strategic investments in the key areas of AI, e-commerce and digital advertising.
"There's a real tug-of-war here, a revolution happening with artificial ...