5 Best S&P 500 Stocks That Don’t Pay Dividends

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

Number of Hedge Fund Holders: 269

Amazon.com, Inc. (NASDAQ:AMZN) is an internet and direct marketing retail company. It is based in Seattle, Washington.

An Outperform rating was reiterated on Amazon.com, Inc. (NASDAQ:AMZN) by Nicholas Jones at JMP Securities on November 30.

Analysts expect Amazon.com, Inc. (NASDAQ:AMZN) shares to rise by 69% from current levels in 2023. Its Amazon Web Services cloud business shows strength, with AWS commitments rising by 57% year-on-year in the third quarter.

There were 269 hedge funds long Amazon.com, Inc. (NASDAQ:AMZN) in the third quarter, with a total stake value of $34.6 billion.

Follow Amazon Com Inc (NASDAQ:AMZN)

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