5 Safest Stocks To Invest In

In this article, we will look at the 5 safest stocks to invest in. To go through our detailed analysis of changing stock market dynamics today, you can see the 13 Safest Stocks To Invest In.

5. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 80

Beta Value: 0.49

Walmart Inc. (NYSE:WMT), a well-established American retail giant headquartered in Bentonville, Arkansas, is renowned for its extensive network of hypermarkets, discount department stores, and strategically located grocery outlets throughout the United States.

The company has consistently increased its dividend for an impressive five decades, spanning 50 years. As of November 20, Walmart Inc. (NYSE:WMT) offers a quarterly dividend of $0.57 per share, equating to a dividend yield of 1.46%.

In the second quarter of 2023, Walmart Inc. (NYSE:WMT) garnered significant attention from hedge funds, with 81 hedge funds establishing positions in the company, as per Insider Monkey’s database. The combined holdings of these hedge funds were valued at over $5.46 billion. Notably, Ken Fisher’s Fisher Asset Management emerged as the largest shareholder, boasting holdings valued at approximately $1.45 billion.