12 Best Blue Chip Stocks to Buy Under $100

3. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holdings: 88

Stock Price as of January 24: $94.76

Walmart Inc. (NYSE:WMT) is one of the world’s largest retailers with a vast network of stores and an expanding e-commerce platform. The company offers groceries, apparel, and general merchandise at competitive prices. Walmart Inc.’s (NYSE:WMT) strong brand, supply chain efficiency, and focus on digital transformation contribute to its status as a reliable blue-chip investment.

Walmart Inc. (NYSE:WMT) is aggressively expanding its e-commerce business, with a focus on creating a convenient and personalized shopping experience for its customers. The company has seen significant growth in its online sales and is leveraging its vast network of stores to offer fast and reliable delivery options, including same-day and next-day delivery, to meet the evolving expectations of its customers.

Walmart Inc. (NYSE:WMT) is also investing in emerging technologies, such as automation and artificial intelligence, to enhance its operations and improve the customer experience. The company is rolling out automation technologies in its fulfillment centers, which has resulted in significant improvements in efficiency and productivity. Walmart Inc. (NYSE:WMT) is also using data analytics and machine learning to better understand its customers’ shopping behaviors and preferences, allowing the company to offer more personalized recommendations and promotions.