Walmart Inc. (NYSE:WMT) named one of the Best Dividend Stocks for Retirement Portfolios. UBS raises price target to $122, citing data strategy as key driver of growth. Walmart Data Ventures division leverages insights from 270 million customers across 10,500 stores in 19 countries.

UBS highlights Walmart Inc. (NYSE:WMT)’s data infrastructure as crucial to daily operations and long-term vision. Walmart Data Ventures provides actionable first-party data to enhance efficiency and value throughout the company’s ecosystem. Data assets fuel retail media operations and improve inventory management.

Walmart Inc. (NYSE:WMT)’s consistent dividend payouts attract investors. The company has increased dividends for the past 52 years, making it an attractive option for retirement portfolios. As of October 27, the stock has a dividend yield of 0.90%.

UBS acknowledges Walmart Inc. (NYSE:WMT) as a solid investment but suggests AI stocks may offer greater upside potential with less downside risk. For an undervalued AI stock poised to benefit from tariffs and onshoring trend, see their report on the best short-term AI stock.

Read more at Yahoo Finance: UBS Sees Data Powering Walmart’s (WMT) Growth, Raises Price Target to $122