5 Best FAANG Stocks To Invest In

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

Number of Hedge Fund Holders: 286

We saw 286 hedge funds long Amazon.com, Inc. (NASDAQ:AMZN) in the third quarter, with a total stake value of $38.9 billion.

Amazon.com, Inc. (NASDAQ:AMZN) is a broad-line retail company based in Seattle, Washington. It owns and operates a cloud computing business by the name of Amazon Web Services as well.

Mark Mahaney at Evercore ISI Group holds an Outperform rating and a $220 price target on Amazon.com, Inc. (NASDAQ:AMZN) as of February 2.

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