Top 5 IoT Companies in the World

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

Number of Hedge Fund Holders: 252

Amazon.com, Inc. (NASDAQ:AMZN) is the world’s largest electronic commerce retailer. Additionally, it also provides smart gadgets such as speakers, and a cloud computing platform.

Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon Web Services (AWS) division is optimized for IoT as it lets users use transmitted data for machine learning and artificial intelligence, secure the data through encryption, scale up the network to accommodate more than a billion devices, and build end to end solutions. The AWS for IoT is used in several industries such as mobility and industrial operations.

Amazon.com, Inc. (NASDAQ:AMZN)’s largest shareholder in our database of 895 hedge funds is Ken Fisher’s Fisher Asset Management which owns a $5.1 billion stake.

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Disclosure: None. You can also take a look at Best Alternative Energy Stocks To Buy and 10 Best Cybersecurity Stocks To Buy Under $20.

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