5 Stocks Billionaire David Tepper Just Bought and Sold

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

Appaloosa Management’s Q3 2023 Investment: $476 million

Bought Or Sold: Bought

Percentage Increase or (-)Decrease: 19%

Amazon.com, Inc. (NASDAQ:AMZN) is known for its eCommerce platform, consumer electronics products, and cloud computing solutions. Like other big tech stocks, its shares are also rated Strong Buy on average and analysts have set a $172.83 average share price target.

For their Q2 2023 shareholdings, 278 out of the 910 hedge funds part of Insider Monkey’s database were Amazon.com, Inc. (NASDAQ:AMZN)’s investors. Ken Fisher’s Fisher Asset Management owned the biggest stake in Q3 which was worth $5.2 billion.

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