10 Best Non-Tech Stocks to Buy Now for Long Term

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3. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 115

Walmart Inc. (NYSE:WMT) engages in the operation of retail, wholesale, and other units worldwide. The company reported a 27% rise in global eCommerce sales, driven by store pickup, delivery, and marketplace services. In February, Walmart Canada announced it would spend $4.51 billion on new stores, reflecting supply-chain expansion. As part of the initiative, the retailer is planning to open dozens of stores across the country, starting with opening five supercenters in Ontario and Alberta by 2027, two of which are slated to open this year, according to a company announcement.

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