35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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2. 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 numerous reasons why investing in this company is worthwhile. To start with, the company showed strong sales performance, suggesting expansion in operations or increased demand for products/services in the report for the third quarter of 2024, as the consolidated revenue was $169.6 billion, showing an increase of 5.5% from the prior year, and consolidated gross margin rate increased by 21 basis point, led by Walmart US. Moreover, the company is also introducing Walmart Cross Border, a new import service for full-container-load shipments that will facilitate the transportation of inbound goods from Asian ports directly to WFS facilities in the US.

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