Keep an eye on down, but not out shares of Walmart (WMT).

 After dropping from about $105 to a recent low of $85.15, WMT appears to have found strong support. It’s also over-extended on RSI, MACD and Williams’ %R. From its last traded price of $85.15, we’d like to see WMT initially retest $95 a share. Helping, analysts at KGI Securities just initiated an outperform rating on the oversold stock with a price target of $102.

 Plus, with fears of a potential recession, WMT is a standout winner. In fact, according to Investor’s Business Daily, WMT posted an average gain of about 40% during the last five recessions. That’s more than any other S&P 500 stocks. WMT is also about to pay a dividend of $0.235 per share, which is payable on April 7 to shareholders of record as of March 21. It’s also payable on May 27 to shareholders of record as of May 9; on September 2 to shareholders of record as of August 15; and on January 5, 2026 to shareholders of record as of December 12, 2025.

Sincerely,

Ian Cooper