5 Best Future Food Stocks to Invest in Today

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In this article we will take a look at the 5 best future food  stocks to invest in today. For a detailed analysis of these companies, go directly to the 10 Best Future Food Stocks to Invest in Today.

5. Walmart Inc. (NYSE: WMT)

Number of Hedge Fund Holders: 70 

Walmart Inc. (NYSE: WMT) is a Bentonville-based retail brand. It is one of the largest retailers in the United States and operates through hypermarkets, discount department stores, and grocery stores. The stores of the firm sell dry grocery, snacks, dairy, meat produce, deli and bakery, frozen foods, as well as alcoholic and nonalcoholic beverages. The firm was founded in 1945 and is placed fifth on our list of 10 best future food stocks to invest in today. The firm operates more than 11,000 stores and numerous e-commerce websites as well. 

On April 30, Walmart Inc. (NYSE: WMT) was identified by Bank of America as one of the companies that would gain from an increase in spending on grocery at local stores and on the internet as stimulus cheques issued by the US government to provide COVID-19 relief were issued to the public. The bank said Walmart had better pricing disciplines than competitors and stood to benefit from it through the economic recovery as the pandemic subsided. 

Out of the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in the firm with 11.8 million shares worth more than $1.7 billion.

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