Walmart Inc. (NYSE: WMT) is among the top 10 grocery stocks favored by hedge funds. On August 26, Walmart launched innovative AI-powered seller tools and initiatives aimed at enhancing its international presence and omnichannel services. These new tools include an AI-powered listing tool, smart assistant, seller advisor program, and shipping services, designed to streamline operations and boost sales. Senior VP Manish Joneja emphasized Walmart’s commitment to integrity and seller success, stating that these enhancements aim to accelerate seller growth and customer satisfaction. Additionally, to boost sales during peak shopping seasons, Walmart introduced seller incentives, such as a 0% referral fee on toys and up to 100% reductions on top-selling items. While WMT shows investment potential, we note that certain AI stocks may present better upside and reduced risk. For insights on promising AI stocks, read our free report on undervalued options.
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