12 Best Stocks Under $100 to Buy According to Hedge Funds

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3. Walmart Inc. (NYSE:WMT)

Share Price as of April 22: $92.41

Number of Hedge Fund Holders: 116

Walmart Inc. (NYSE:WMT) operates retail and wholesale stores & clubs, eCommerce websites, and mobile applications. It has three segments: Walmart US, Walmart International, and Sam’s Club. It operates supermarkets, warehouse clubs, cash & carry stores, and discount stores under Walmart & Walmart Neighborhood Market brands, membership-only warehouse clubs, and ecommerce websites.

In FQ4 2025, Walmart US alone saw comparable sales increase by 4.6%, which included a 20% growth in e-commerce sales. This was due to increased customer transactions both in physical stores and online. Grocery remains a standout category with mid-single-digit growth. Health and wellness saw mid-teens growth, partly driven by GLP-1 sales, which contributed ~one percentage point to the segment’s sales.

During FQ4, Walmart Inc. (NYSE:WMT) expanded its store-fulfilled delivery catchment area to reach 93% of US households with same-day delivery. The popularity of expedited delivery is evident with over 30% of orders coming from customers opting to pay a convenience fee for delivery in under one or three hours. Walmart is also utilizing technology like AI, with initiatives such as a new AI agent for merchants aimed at improving inventory management and reducing out-of-stocks or overstocks.

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