5 Best Most Active Stocks to Buy According to Hedge Funds

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

Number of Hedge Fund Holders: 353

Amazon.com Inc. (NASDAQ:AMZN) ranks among the best most active stocks to buy according to hedge funds. On May 29, Wolfe Research reaffirmed its Outperform rating and $320 price target for Amazon.com Inc. (NASDAQ:AMZN), noting potential for growth in the company’s supply chain services division.

On May 4, Amazon.com Inc. (NASDAQ:AMZN) launched Amazon Supply Chain Services, which includes two new solutions for non-Amazon vendors: Amazon Freight for under-truckload shipping and Global Logistics for maritime and air transport.

Wolfe Research believes the overall addressable market for Amazon Supply Chain Services exceeds $1.2 trillion. The market is estimated to be worth $750 billion for freight, $120 billion for distribution and fulfillment, $200 billion for US shipping, and $100 billion for international parcel shipping.

Additionally, UBS reaffirmed its Buy rating on Amazon.com Inc. (NASDAQ:AMZN) and set a price target of $333 on May 27. After exceeding its estimate for the first quarter of 2026, the firm improved its methodology for projecting AWS segment revenue.

The firm projects that AWS will rake in $350 billion to its backlog by 2026 and beyond. In contrast to consensus forecasts of $166.6 billion and a 29% increase, this corresponds to a revenue prediction of $175.9 billion for the segment, reflecting a 36% year-over-year growth.

Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks.

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 the cheapest AI stock.

READ NEXT: Starter Stock Portfolio: 14 Safe Stocks to Buy Now and 40 Most Popular Stocks Among Hedge Funds Heading Into 2026.

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