Walmart could be the 'next tech stock' with Amazon competitor set to launch, says Morgan Stanley

A customer pays for her groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago.
Kamil Krzaczynski | Reuters

(This story is for CNBC Pro subscribers only.)

Big box retailer Walmart is in the running to be the "next tech stock," according to Morgan Stanley. 

The Wall Street firm, which has an overweight rating on Walmart, said the stock can continue to rally thanks to Walmart+, the company's e-commerce business slated to compete with Amazon Prime.