7 Best E-commerce Stocks To Buy According to Hedge Funds

2. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 95

Walmart Inc. (NYSE:WMT) is one of the biggest retail companies in the world that operates retail outlets, wholesale units, and e-commerce sites in more than 19 countries serving over 255 million customers every week. Walmart entered the e-commerce space in 2000 and reported $100 billion in e-commerce sales in the fiscal year 2024, up from $73 billion in FY 2022.

Walmart’s e-commerce footprint is increasing, as evidenced by a 21% growth in its e-commerce segment overall during the fiscal second quarter of 2025. Total revenue, on the other hand, increased by 4.8% to reach $169.3 billion. In addition to that, the company is on track to add a staggering $130 billion in sales if it achieves its 4% sales growth target over the next five years.

The company’s journey to customer-centric innovation is accelerating. In FQ1 2025, the company launched a generative AI-powered product search tool and a data analytics platform allowing customers to shop more effectively and receive intuitive product recommendations. On October 9, Walmart Inc. (NYSE:WMT) launched its strategy to accelerate adaptive retailing. In the launch, the company revealed its Immersive Commerce platforms backed by artificial intelligence, generative AI, and augmented reality, to offer personalized shopping experiences to customers.

For the fiscal year 2025, Walmart Inc. (NYSE:WMT) expects net sales to increase by 3.75% to 4.75%, revised from its previous guidance of 3% to 4%.