8 Stocks with Lowest Short Interest to Buy

2) Walmart Inc. (NYSE:WMT)

Short % of Float (as of September 30): 0.72%

Number of Hedge Fund Holders: 95

Walmart Inc. (NYSE:WMT) is engaged in the operation of retail, wholesale, other units, and e-commerce worldwide.

Walmart Inc. (NYSE:WMT) continues to make investments in its omnichannel capabilities, which help in enhancing its e-commerce platform while, at the same time, leveraging its vast store network for services such as curbside pickup and in-home delivery. Also, the company has been expanding its private label offerings, which include the introduction of “bettergoods” at Walmart U.S. and strengthening the “Member’s Mark” brand at Sam’s Club. Such initiatives are expected to improve brand loyalty and drive sales.

Walmart Inc. (NYSE:WMT)’s significant investments in supply chain automation and in-store technology continue to reduce its costs and improve operational efficiency. Also, the company has been focusing on high-margin businesses like Walmart Marketplace, Walmart Connect (advertising), and financial services in a bid to propel profitability.

Walmart Inc. (NYSE:WMT)’s focus on price leadership, enhanced assortment, and convenience via digital and delivery services should continue to act as principal tailwinds. The company’s multi-faceted approach enabled it to attract and retain higher-income customers. This has broadened its appeal throughout demographic segments.

Analysts at Wells Fargo & Company increased their price target on the shares of Walmart Inc. (NYSE:WMT) from $81.00 to $88.00, giving an “Overweight” rating on 23^rd September. Market experts opine that the company’s international segment, primarily its investment in Flipkart, offers significant growth opportunities.