5 Best Wide Moat Stocks To Buy According To Hedge Funds

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

Number of Hedge Fund Investors: 243

Amazon.com, Inc. (NASDAQ:AMZN) is the largest electronic commerce retailer in the world. At the same time, it has positioned itself in a leadership role in the data center space and its subsidiary is gearing up to launch internet satellites as well.

243 of the 943 hedge funds part of Insider Monkey’s Q1 2023 research had bought and invested in Amazon.com, Inc. (NASDAQ:AMZN)’s stock. The firm’s biggest investor among these is Ken Fisher’s Fisher Asset Management with an investment of $4.2 billion.

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Disclosure: None. You can also take a look at 10 Dow Stocks Billionaires Are Loading Up On and 25 Most Congested Cities in the US.

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