5 Best Investments During A Recession

3. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 81

Walmart Inc. (NYSE:WMT) is a giant in global retail, wholesale, and related operations. It operates supercenters, hypermarkets, discount stores, cash and carry outlets, and warehouse clubs that operate under the Walmart and Walmart Neighborhood Market brands. On August 17, Walmart Inc. (NYSE:WMT) reported a Q2 non-GAAP EPS of $1.84, outperforming Wall Street estimates by $0.13. The revenue of $161.63 billion also went up by 5.9% year-on-year, surpassing market estimates by $2.35 billion. Walmart Inc. (NYSE:WMT)’s reputation for offering affordable prices makes it an attractive shopping destination for consumers looking to save money during tough economic times. This makes it one of the best recession stocks to monitor. 

According to Insider Monkey’s second quarter database, 81 hedge funds were bullish on Walmart Inc. (NYSE:WMT), as compared to 91 in the prior quarter. D E Shaw is the largest stakeholder of the company, with a position worth nearly $862 million.