5 Best Stocks To Buy For The Rest of 2021

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

Number of Hedge Fund Holders: 271

Amazon.com, Inc. (NASDAQ:AMZN) is an American multinational e-commerce company that also focuses on cloud computing, artificial intelligence, and digital streaming. Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest companies in the U.S. information technology industry. 

Recently, RBC Capital initiated its coverage on Amazon.com, Inc. (NASDAQ:AMZN) with an ‘Outperform’ rating and a $4,150 price target, highlighting the company’s importance in the cloud business. Since the beginning of the year, Amazon.com, Inc. (NASDAQ:AMZN) delivered a 15% return to shareholders.

Of the 873 hedge funds tracked by Insider Monkey, 271 hedge funds have stakes in Amazon.com, Inc. (NASDAQ:AMZN) in Q2, worth over $60.4 billion. The number of hedge funds having stakes in the company stood at 243 in the previous quarter, highlighting a positive hedge fund sentiment in Q2. 

You can also take a look at 10 Best Stocks to Buy With 50+ Years of Dividend Increases and What are the Best Stocks to Buy Right Now?

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