10 Best Stocks In Each Sector In 2024

4. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders in Q2 2024: 95

Walmart Inc. (NYSE:WMT) is the biggest brick and mortar retailer in the world. It operates through a stunning 100,000 locations worldwide and has sizeable financial assets as indicated by $665 billion in revenue and $252 billion in assets. These provide Walmart Inc. (NYSE:WMT) with key competitive advantages as it is able to offer consumers the lowest prices possible and keep margins steady in a business notorious for low margins. Yet, its future depends on Walmart Inc. (NYSE:WMT)’s ability to cater to the growing eCommerce market, particularly online grocery delivery firms like Instacart. As a result, the firm’s hypothesis is dependent on its same store sales and eCommerce. On the latter front, Walmart Inc. (NYSE:WMT) is charging ahead with its Marketplace platform, and the firm also has an eye on emerging technologies such as robotic warehouse automation. The firm has inked a deal with Symbotic for this, and it has also worked with clean energy van companies to reduce its carbon footprint.

Walmart Inc. (NYSE:WMT)’s management commented on its Marketplace performance during the Q2 2025 earnings call:

“For marketplace and Walmart fulfillment services, in the U.S., we’ve now seen more than 30% growth in each of the past four quarters, as we continued to increase seller counts on the platform by double-digits. Growth from sellers using our Marketplace Fulfillment Services increased 800 basis points in Q2, surpassing 40% penetration. Sales in fashion, toys, hard lines, and home all grew more than 20%. Outside the U.S., we’re seeing similar trends as we enhance our capabilities in product assortment. For example, Flipkart delivered double-digit top line growth and more than doubled the number of units that delivered same day. In Mexico, we grew marketplace items and sellers by around 60%.

And in Chile, we launched cross-border trade, adding sellers from China and the U.S. to our local marketplace offering. Within data analytics and insights, Walmart Data Ventures continues to see strong results as clients value the insights we provide, bringing together consumer behavior with omnichannel sales and inventory trends across our platform. Our client base has increased nearly 200% versus last year as we launch new tools and enter new markets, including the expansion of our Walmart Luminate product in Mexico in May.”