5 Best Video Conferencing Stocks to Invest In

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

Number of Hedge Fund Holders: 278

Headquartered in Seattle, Washington and with a market capitalization of more than $1 trillion, Amazon.com, Inc. (NASDAQ:AMZN) ranks 2nd in our list of best video conferencing stocks to invest in. Amazon.com, Inc. (NASDAQ:AMZN) offers Amazon Chime as a video conferencing tool which has a wide adoption in the US especially. The platform lets up to 250 people join a non-video meeting while 25 people can join a video conversation simultaneously. The e-commerce giant reported Q2 revenue of $134.4 billion and operating income of $7.7 billion.

From the 910 hedge funds profiled by Insider Monkey at the end of Q2, 278 had a stake in Amazon.com, Inc. (NASDAQ:AMZN). The largest shareholder was Citadel Investment Group which owned 33.8 million shares of Amazon.com, Inc. (NASDAQ:AMZN) that are valued at $4.4 billion.