Top 5 Stock Picks of Ray Dalio

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1. Walmart Inc. (NYSE:WMT

Number of Hedge Fund Holders: 71 

Walmart Inc. (NYSE:WMT) operates a chain of retail stores. According to the latest 13F data, the fund holds a stake in the firm worth more than $700 million, consisting of over 5 million shares. 

MKM Partners analyst Bill Kirk recently upgraded Walmart Inc. (NYSE:WMT) stock to Buy from Neutral and raised the price target to $166 from $156, noting that the firm had better inventory levels compared to peers heading into the holiday season. 

Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Walmart Inc. (NYSE:WMT) with 13 million shares worth more than $1.8 billion.

You can also take a peek at 10 Best Medical Stocks Under $10 and 10 Best Cash App Stocks to Invest In.

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