5 Best Motley Fool Stocks To Buy Now

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

Motley Fool Asset Management’s Stake Value: $82,285,000
Percent of Motley Fool Asset Management’s 13F Portfolio: 5.43%
Number of Hedge Fund Holders: 271

Amazon.com, Inc. (NASDAQ:AMZN) tops our list of the best Motley Fool stocks to buy now. In Q2, the company presented a positive hedge fund sentiment, as 271 hedge funds tracked by Insider Monkey reported owning stakes in Amazon.com, Inc. (NASDAQ:AMZN), up from 243 in the previous quarter. The total value of these stakes is over $60.4 billion.

In Q2, Motley Fool increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6% and now holds 23,919 shares in the company, valued at over $82.2 million. The company represents 5.43% of the hedge fund’s 13F portfolio.

In Q3 2021, Amazon.com, Inc. (NASDAQ:AMZN) reported revenue of $110.8 billion, up 15.3% from the prior-year quarter. In October, Truist raised its price target on Amazon.com, Inc. (NASDAQ:AMZN) to $4,000 with a Buy rating on the shares, highlighting the company’s strong advertising execution.

Polen Capital mentioned Amazon.com, Inc. (NASDAQ:AMZN) in its Q3 2021 investor letter. Here is what the firm has to say:

“Amazon has also lagged as its revenue growth is slowing on the very difficult comparisons from last year when this behemoth was growing revenue by over 40%. We still expect exceptional long-term growth and significant margin expansion as the fastest growing (and now large) segments of Amazon are also generating the highest margins.”

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