Jim Cramer’s 5 Best Dividend Stocks

3. Walmart Inc (NYSE:WMT)

Number of Hedge Fund Investors: 80

In December, Jim Cramer said that now is the right time to start buying Walmart Inc (NYSE:WMT) stock. Cramer said the stock goes down every day because it used to go up every day. Walmart Inc (NYSE:WMT) has a strong dividend history and a solid business that makes it a favorite among hedge funds.

As of the end of the third quarter of 2023, 80 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Walmart Inc (NYSE:WMT) as of the end of the third quarter.