The Surprising Way Artificial Intelligence (AI) Chatbots Are Giving Walmart's Business a Boost

More and more people are turning to artificial intelligence (AI) chatbots in search of not only answers to queries, but also shopping recommendations. And one thing that analysts have uncovered is that chatbots really like Walmart (NASDAQ:WMT), with it often being the go-to recommendation.

The company may benefit from this trend, and it could prove to be an underrated catalyst for the retail stock.

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Being the preferred retailer among AI chatbots could unlock more growth for Walmart

AI chatbots can make researching product decisions much quicker and easier for consumers. Increasingly, shoppers are becoming comfortable relying on them for advice on what to buy and where to buy it.

According to a recent survey by Gartner, approximately 34% of consumers in the U.S. would be very willing to use AI to get recommendations for holiday gift purchases. And that's potentially great news for Walmart, as chatbots appear to gravitate toward it.