5 Best Warren Buffett Stock Picks for Beginners

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

Number  of Hedge Fund Holders: 269

Amazon.com, Inc. (NASDAQ:AMZN) is an American multinational technology company. The company’s most significant areas of business are e-commerce, cloud computing, entertainment, and digital distribution.

Amazon.com, Inc. (NASDAQ:AMZN) is our top pick among Warren Buffett stock picks for beginners as it is the company with the most amount of hedge fund holders in Q3 according to our database. Out of 269 hedge funds that hold a stake in the company, Fisher Asset Management took the top spot with 49.895 million of the company shares, worth $6.44 billion. Berkshire Hathaway gave a 0.4% weightage to Amazon.com, Inc. (NASDAQ:AMZN) in its portfolio and owned around 10.666 million shares, valued at $1.2 billion.

On December 16, JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Amazon.com, Inc. (NASDAQ:AMZN)’s shares and lowered the firm’s price target to $130 from $145.

You can also take a look at the 11 Best Small Cap AI Stocks To Buy and the 12 Best Seasonal Stocks To Buy.

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