This Billionaire Investor Is Betting Big on Five Tech Stocks; Should You Follow Him?

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

Shares held (as of September 30): 2.5 million
Total Value (as of September 30): $1.28 billion
Percent of Portfolio (as of September 30):

‘Your margin is my opportunity’. Amazon.com, Inc. (NASDAQ:AMZN) became a $280 billion company it is today by putting consumers first and forsaking margins for market share. Working in low margin sectors has made Amazon super efficient, and has made it almost unstoppable in its quest to become the everything store. With membership programs such as Amazon Prime, the company has the loyalty of a large percentage of American consumers who go to Amazon first to check on e-commerce goods. Amazon’s efficiency and its customers’ loyalty will allow the company to expand into many different adjacent sectors successfully. The market likes Amazon’s long term strategy, as shares are up 93% year-to-date. Andreas Halvorsen‘s Viking Global owned 2.28 million shares at the end of the second quarter.

Follow Amazon Com Inc (NASDAQ:AMZN)

Disclosure: none

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