Top 10 Stocks in the S&P 500 by Index Weight Right Now

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

ETF Weight: 3.85%

Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce retailers in the world. The firm is another highly rated S&P 500 stock, as the shares are rated Strong Buy on average and the average analyst share price target is $212.71.

After digging through 933 hedge fund portfolios for their fourth quarter of 2023 investments, Insider Monkey found that 293 were Amazon.com, Inc. (NASDAQ:AMZN)’s shareholders. Ken Fisher’s Fisher Asset Management owned the biggest stake which was worth $6.3 billion.

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