5 Best Growth Stocks To Buy According To Hedge Funds

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

Number of Hedge Fund Holders: 278

Amazon.com, Inc. (NASDAQ:AMZN) is a broad-line retail company. It also owns and operates a high-end cloud computing business under the name of Amazon Web Services.

We saw 278 hedge funds long Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, with a total stake value of $34.9 billion.

Ken Gawrelski at Wells Fargo reiterated an Overweight rating and a $165 price target on Amazon.com, Inc. (NASDAQ:AMZN) shares on October 10.

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