Ken Fisher Stock Portfolio: Top 10 Stock Picks

8. Walmart Inc. (NYSE:WMT)

Stake Value as of Q4 2024: $4,408,451,741

Walmart Inc. (NYSE:WMT) is an American multinational retail company that operates hypermarkets, discount stores, and cash and carry stores in the United States and select markets in different parts of the world. Each week, around 270 million customers and members visit Walmart’s stores and eCommerce websites in 19 countries.

US stocks have plunged in response to Trump’s tariffs on imports of foreign goods. This includes Walmart Inc. (NYSE:WMT), which is down 14% over the past month. However, the company’s CEO, Doug McMillon, is confident the retailer can navigate through the situation, while admitting it will likely feel some pressure.

Walmart Inc. (NYSE:WMT) sources about two-thirds of its products from the United States. Analysts believe this should help the company avoid the pain some of its other competitors would go through. According to a recent Bloomberg report, the retail giant has also started reaching out to its Chinese suppliers for price cuts, as it looks to shift the burden back to firms in the Asian nation. However, only a few have accepted so far.

During its recent Q4 2025 earnings call, Walmart Inc. (NYSE:WMT) reported a revenue of $681 billion for the full year, up 5.1% from last year. Its global advertising business grew 27% year-over-year to about $4.4 billion. Operating income was up $2.3 billion or 8.6%. For fiscal 2026, the company anticipates sales to increase 3% to 4% and adjusted operating income to grow between 3.5% to 5.5%.

Walmart Inc. (NYSE:WMT) is among the top picks from the Ken Fisher stock portfolio. The hedge fund has investments of nearly $4.41 billion in the retail company.