5 Best Major Stocks to Buy Right Now

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

Number of Q4 2023 Hedge Fund Shareholders: 293

Amazon.com, Inc. (NASDAQ:AMZN) is the Washington state based eCommerce behemoth. Wall Street continues to favor its stock as the shares are rated Strong Buy on average, and the average analyst share price target is $204.66.

By the end of last year’s fourth quarter, 293 out of the 933 hedge funds covered by Insider Monkey’s research had bought and owned Amazon.com, Inc. (NASDAQ:AMZN)’s shares. Ken Fisher’s Fisher Asset Management owned the biggest stake which was worth $6.4 billion.

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