Walmart Inc. (NYSE:WMT) is among the 15 Dividend Stocks that Have Raised Payouts for 20+ Years. DA Davidson maintains a Buy rating and $117.00 price target for WMT after its partnership with OpenAI. The collaboration allows customers to shop at Walmart through ChatGPT using the Instant Checkout platform.

DA Davidson sees Walmart as a beneficiary of the growing “Agentic Commerce” trend due to its large scale and proactive adoption of AI solutions. The recent partnership with OpenAI reinforces Walmart’s position as a leader in the “Agentic Commerce race.” Walmart has increased dividends for 52 straight years, offering a quarterly dividend of $0.235 per share with a 0.89% yield as of October 16.

While Walmart presents investment potential, some believe certain AI stocks offer greater upside with less downside risk. Investors interested in undervalued AI stocks can explore opportunities beyond Walmart. For more on dividend stocks, check out “12 Must-Buy Dividend Stocks to Invest in” and “11 Defensive Healthcare Dividend Stocks To Buy Now.”

Read more at Yahoo Finance: DA Davidson Maintains Buy Rating on Walmart (WMT) Following Partnership with OpenAI