5 Best Supermarket Stocks To Buy

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  1. Wal-Mart Stores, Inc. (NYSE:WMT)
  2.  – Investors with Long Positions (as of June 30): 65

     – Aggregate Value of Investors’ Holdings (as of June 30): $8.52 Billion

    While the total number of hedge funds with investments in the company fell by one during the second quarter, the total value of these holdings decreased by about $687 million. As of June 30 these funds collectively held about 3.7% of the company’s total outstanding shares. According to The Wall Street Journal’s sources, Wal-Mart Stores, Inc. (NYSE:WMT) is planning to cut some 500 jobs at its headquarters in Bentonville, Arkansas. The company is currently focusing on its e-commerce platform and wage hikes for some of the 1.3 million people that it employs in the U.S. Legendary value investor Warren Buffett‘s Berkshire Hathaway holds about 60.39 million shares of Wal-Mart Stores, Inc. (NYSE:WMT) valued at $4.28 billion.

    Follow Walmart Inc. (NYSE:WMT)

    Disclosure: None

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