12 Best Defensive Stocks To Buy Right Now

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5. 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. The stellar financial metrics of the firm, combined with consistent dividend growth and essential product offerings, underscore the value of Walmart as a defensive stock, appealing to investors seeking stability and reliable returns. It has a focus on essential consumer goods, ensuring steady demand. The strategic investments made in e-commerce have positioned the company for future profitability in this segment as well. The company’s trailing 12-month Return on Capital Employed (ROCE) stands at 18.97%, significantly higher than the industry average of 10.72%. Additionally, its trailing 12-month Return on Total Capital (ROTC) and Return on Total Assets (ROTA) are 11.70% and 6.11%, respectively.

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