10 Best Stocks to Buy According to Billionaire Hedge Fund Managers

Page 10 of 10

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

Billionaire: Israel Englander

Billionaire’s Stake Value: $995,164,229

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) is placed 1st on our list of the best stocks to buy. On August 21, JPMorgan reported that Amazon grew its lead in the American e-commerce market during Q2 2025, mainly because of faster retail growth and strong logistics.

In its updated e-commerce model for the United States, JPMorgan mentioned that online sales grew 5.3% in the second quarter compared to last year, which is close to the 5.6% growth seen in the first quarter. Analysts added that US e-commerce kept growing for the tenth quarter in a row, increasing by 0.17% from last year to make up 21.9% of adjusted retail sales.

JPMorgan noted that Amazon’s retail business did better than the overall market, with global first-party sales up 10% from last year, compared to 6% growth in the previous quarter. Third-party sales also rose 10%, up from 7% in the first quarter, driven by high demand for essentials, very fast SD1D delivery, and growth of the Prime ecosystem.

JPMorgan analysts estimate that Amazon’s share of the US e-commerce market went up by more than two points from last year, reaching 46.8% in the second quarter. They expect it to grow to 47.4% in Q3 and 49.2% in Q4.

The analysts maintained that Amazon is positioned as the leader in e-commerce and kept it as their “Best Idea.”

While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 10 of 10