5 Best Stocks to Buy for Investment

3. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 80

Beta Value: 0.49

Walmart Inc. (NYSE:WMT) stands as a prominent American multinational retail corporation, overseeing an extensive chain of hypermarkets, discount department stores, and grocery stores across diverse formats and geographies. As of November 28, the company provides a quarterly dividend of $0.57 per share, yielding 1.45%.

In the third quarter of 2023, Walmart Inc. (NYSE:WMT) garnered significant attention from hedge funds, with 81 hedge funds establishing positions in the company, as per Insider Monkey’s database. The combined holdings of these hedge funds were valued at over $5.46 billion. Notably, Ken Fisher’s Fisher Asset Management emerged as the largest shareholder, boasting holdings valued at approximately $1.45 billion.