15 Best Stocks to Buy During Recession

3. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 116

Walmart Inc. (NYSE:WMT) is engaged in the operation of retail and wholesale stores and clubs, e-commerce websites, and mobile applications. Morningstar believes that the company’s unrivaled scale relative to its brick-and-mortar retail peers enables it to adapt to a dynamic retail landscape. Walmart Inc. (NYSE:WMT) continues to benefit from an enhanced physical footprint and entrenched position in the communities, which places it in close proximity to the vast majority of US consumers. The firm opines that its wide assortment of goods at low prices enabled it to sustain its status as a leading domestic retailer. Elsewhere, Citi analysts remain optimistic about Walmart Inc. (NYSE:WMT)’s stock.

The analysts noted the company’s consistent performance and advantageous position in the broader retail sector, stemming from its extensive investments over the past few years, which continue to deliver benefits. The analysts also highlighted Walmart Inc. (NYSE:WMT)’s omni-channel experience, which remains unmatched, while its supply chain and technology advancements position it well ahead of its competitors. The company’s strong position in the broader food sector, its product assortment, and its reputation for value have been tagged as key factors enabling it to sustain momentum and potentially enhance its market share. Overall, Citi analysts believe that Walmart Inc. (NYSE:WMT)’s strategic advantages and unique offerings make it a strong player in the retail sector.