5 Best Major Stocks to Buy Now

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

Number of Hedge Fund Investors In Q1 2023: 243

Amazon.com, Inc. (NASDAQ:AMZN) is the world’s largest electronic commerce retailer. Compared to its other mega cap peers, the firm’s shares have been rather muted this year, having posted ‘only’ 51% in price gains.

By the end of 2023’s March quarter, 243 out of the 943 hedge funds polled by Insider Monkey had held a stake in the retailer. Amazon.com, Inc. (NASDAQ:AMZN)’s biggest hedge fund investor is Ken Fisher’s Fisher Asset Management through a $4.2 billion investment.

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