10 Best Stocks to Buy According to Billionaire Ray Dalio

8. Walmart Inc. (NYSE:WMT)

Total Number of Shares Owned: 6,515,350

Total Value of Shares Owned: $441,154,348

Number of Hedge Fund Investors: 95

Walmart Inc. (NYSE:WMT) stands out as an attractive investment due to its strong performance in Q2 2024, where it reported a 5% increase in revenue, reaching about $160 billion. This growth was driven by a notable 6% rise in same-store sales in the U.S., showing that customers are eager to shop at Walmart Inc. (NYSE:WMT). Walmart Inc. (NYSE:WMT) ‘s e-commerce sales also grew by 11%, highlighting the success of its investments in online shopping and delivery services. As a leader in grocery sales, Walmart Inc. (NYSE:WMT)  is benefiting from the shift towards more at-home dining, providing a stable revenue source that can withstand economic challenges.

Walmart Inc. (NYSE:WMT)’s focus on cutting costs and improving operations has helped maintain its profit margins, even amid supply chain issues. Additionally, its expansion into international markets like Mexico and India offers exciting growth opportunities for the future. Walmart Inc. (NYSE:WMT)’s commitment to paying dividends consistently makes it appealing to investors seeking steady income. Furthermore, Walmart Inc. (NYSE:WMT)’s reputation for low prices positions it well during inflation, attracting more shoppers. With ongoing efforts in sustainability and enhancements in customer service, Walmart Inc. (NYSE:WMT)  is well-equipped for continued success, making it a solid investment choice.

Bridgewater owns 6,515,350 shares of Walmart Inc. (NYSE:WMT), worth $441.2 million.