11 Best Bear Market Stocks To Invest In Now

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7. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 88  

Walmart Inc. (NYSE:WMT) engages in the operation of retail, wholesale, and other units worldwide. There are several compelling factors that make this company a strong investment. Firstly, the report for the third quarter of 2024 shows the company’s strong performance in the US market and its ability to maintain growth. For instance, Walmart US had net sales of $441.8 billion, representing 69% of consolidated net sales, and had net sales of $420.6 billion and $393.2 billion for fiscal 2023 and 2022, respectively. In addition, the company has a consistent record of returning value to shareholders, with total dividend payments of $6.1 billion in fiscal 2024, $6.1 billion in fiscal 2023, and $6.2 billion in fiscal 2022. Walmart has approved an increase in the fiscal 2025 annual dividend to $0.83 per share, up from $0.76 in fiscal 2024. Moreover, the expanded partnership of Walmart with Symbiotic aims to develop an advanced AI-enabled robotics solution aimed at enhancing online pickup and delivery options. The firm has invested $520 million towards this project.

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