Goldman Sachs’ Top 5 Stock Picks for 2023

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In this piece, we will take a look at Goldman Sachs’ Top 5 Stock Picks for 2023. For more top stocks, head on over to Goldman Sachs’ Top 15 Stock Picks for 2023.

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

Goldman Sachs’ Share Price Upside For 2023: 96.4%

2023 Return through May 8th: 26%

Amazon.com, Inc. (NASDAQ:AMZN) is the world’s largest electronic commerce platform that enables buyers and sellers all over the world to conduct business. At the same time, the firm also has a cloud computing division, a satellite internet business, and sells consumer electronics.

In the wake of the devastating earthquake in Turkey which is a global calamity, Amazon.com, Inc. (NASDAQ:AMZN) announced in February 2023 that it is teaming up with relief organizations to help the survivors by donating goods from its Istanbul warehouse. 269 of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought the company’s shares.

Amazon.com, Inc. (NASDAQ:AMZN)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 49 million shares that are worth $5.6 billion.

Follow Amazon Com Inc (NASDAQ:AMZN)

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