Walmart is winning consumers with its low price strategy

The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley discuss Walmart as a stock to watch for investors as the company wins over consumers with a low-price strategy and new investments in its workforce benefits. Video Transcript 00:00 Speaker A Uh the other the other stock we're watching this morning is Walmart. Those shares are were trading up about 3% after Deutsche Bank uh upgraded that stock to a buy rating, citing that even through the inflationary environment and perhaps because of it, that should reinforce the value proposition for Walmart buyers, the focus on good cheap goods. 00:23 Speaker B Yeah. Um Walmart, you know, it's done okay this year. It's up about 4%. It's, you know, it's underperformed the market.