Retirement Stock Portfolio: 10 Consumer Stocks To Buy

1. Walmart Inc. (NYSE:WMT)

Dividend Yield: 0.95%

Number of Hedge Fund Holders: 88

Walmart Inc. (NYSE:WMT), based in Bentonville, Arkansas, is a leading retailer operating an expansive network of hypermarkets, discount stores, and grocery outlets across the United States.

Piper Sandler reaffirmed its confidence in Walmart Inc. (NYSE:WMT) with an Overweight rating and a $93 price target, citing the retailer’s strong Q3 performance. The retail giant demonstrated growth across all business segments, product categories, and omni-channel metrics, solidifying its position as a top choice for higher-income households. Notably, 75% of its market share gains came from families earning over $100,000 annually.

Walmart’s high-margin revenue streams, including Marketplace and Supplier Advertising, are steadily growing, contributing to a favorable financial outlook. General Merchandise achieved year-over-year growth for the first time in seven quarters. Meanwhile, E-commerce remains a key driver, with U.S. sales increasing 22% and global sales up 27%, while segment losses narrowed further during the quarter.

The company’s focus on cost optimization and operational efficiency has supported profit margins amid supply chain challenges. Additionally, international expansion, particularly in markets like Mexico and India, offers significant growth potential. Walmart’s reliable dividend payouts also enhance its appeal to retirement-focused investors.

While we acknowledge the potential of WMT, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than WMT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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