Couch Potato Stock Portfolio: 7 Best Stocks To Invest In

4. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 115

Walmart Inc. (NYSE:WMT), the world’s largest brick-and-mortar retailer, operates over 100,000 locations globally, utilizing its financial strength to maintain competitive and consistent profits in a traditionally low-margin market.

BMO Capital Markets maintained an Outperform rating and a $110 price target for Walmart Inc. (NYSE:WMT). According to the firm’s research, despite Walmart’s conservative forecast, which has resulted in a drop in share price, the retail behemoth’s fundamental business momentum remains stable. BMO Capital says Walmart’s recent performance shows a strategic reversal in expectations, which is consistent with the company’s past strategy.

On February 21, Walmart Inc. (NYSE:WMT) earned $22.9 billion in operational cash flow over the first nine months of 2024. During this time, the company’s free cash flow increased from $1.9 billion to $6.2 billion. On account of its financial situation, the retailer has been able to increase dividends for the past 51 years.