5 Best Delivery Stocks to Buy According to Hedge Funds

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1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 293

Amazon.com, Inc. (NASDAQ:AMZN) is a global leader in e-commerce and cloud computing, with a vast delivery network that sets the standard for the industry. Amazon Prime offers expedited delivery services, including two-day and same-day delivery options. The company is pioneering in delivery innovation with drone delivery initiatives, advanced robotics in its fulfillment centers, and a dedicated air cargo fleet to ensure rapid delivery times.

For Amazon.com, Inc. (NASDAQ:AMZN), there was an increase in hedge fund holdings from 286 to 293 in Q4 2023. Additionally, the total value of the holdings increased significantly from roughly $38.8 billion to $50.8 billion. The staggering increase of approximately $11.9 billion indicates strong hedge fund conviction in Amazon.com, Inc. (NASDAQ:AMZN)’s continued dominance and growth potential.

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