Top 5 Stock Picks of Shashin Shah’s Think Investments

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

Think Investments Stake Value: $44,348,000
Percentage of Think Investments’ 13F Portfolio: 5.09%
Number of Hedge Fund Holders: 271

Amazon.com, Inc. (NASDAQ:AMZN) is a global technology company focused on e-commerce, cloud computing, artificial intelligence, and digital streaming. The company shares have returned 12.42% to investors over the past twelve months.

Amazon.com, Inc. recently made news by announcing a multi-year strategic partnership with Blue Prism, a global pioneer and industry leader in intelligent automation, to revolutionize how organizations offer intelligent automation.

The company features on the list of top 10 stock picks of Shashin Shah’s Think Investments. Insider Monkey’s data shows that 271 elite hedge funds held stakes in the company at the end of the second quarter, up from 243 funds a quarter earlier.

In its third-quarter 2021 investor letter, Polen Capital mentioned Amazon.com, Inc. (NASDAQ:AMZN). Here is what the fund said:

“Amazon has also lagged as its revenue growth is slowing on the very difficult comparisons from last year when this behemoth was growing revenue by over 40%. We still expect exceptional long-term growth and significant margin expansion as the fastest growing (and now large) segments of Amazon are also generating the highest margins.”