13 Best Diversified Stocks to Buy According to Hedge Funds

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

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Diversified Stocks to Buy According to Hedge Funds.

On September 23, 2025, Amazon.com, Inc. (NASDAQ:AMZN) decided to shutter all 19 of its Fresh supermarkets in the U.K., following a review of its physical grocery operations. However, five of those stores will be converted into Whole Foods locations. The company will shift its focus to same-day online delivery for perishable items beginning next year.

Meanwhile, on the same day, Amazon.com, Inc. (NASDAQ:AMZN) filed a lawsuit in Brooklyn federal court against the New York Public Employment Relations Board. The company argues that a new state labor law unconstitutionally usurps federal authority over union organizing and workplace disputes.

Amazon.com, Inc. (NASDAQ:AMZN) offers consumer products, advertising, and subscription services through online and physical stores. It operates through North America, International, and Amazon Web Services (AWS) segments. It is one of the Best Diversified Stocks.

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: 11 Best Roth IRA Stocks to Invest in Now and 11 Best Coal Stocks to Buy According to Hedge Funds.

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