5 Best Home Appliance Stocks to Invest In

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

Number of Hedge Fund Holders: 293

Amazon.com, Inc. (NASDAQ:AMZN), a prominent American multinational technology company, has diversified its business interests over the years to include home appliances. These offerings include its own smart speaker called Alexa, a reading tablet called Kindle, and even a home robot called Astro.

In the December quarter of 2023, Insider Monkey’s research revealed that 293 out of the 933 hedge funds covered held a stake in the firm. Ken Fisher’s Fisher Asset Management emerged as the largest hedge fund investor in Amazon.com, Inc. (NASDAQ:AMZN), with a stake valued at $6.4 billion.

Disclosure: None. You can also take a look at the 10 Best Multibagger Stocks to Buy Now and Top 15 Cities Where Gen Z is Moving in the US.

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