Billionaire Cliff Asness’ Top 5 Technology Stock Picks

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In this article, we discuss billionaire Cliff Asness’ top 5 technology stock picks. If you want to see more of billionaire Cliff Asness’ top technology stock picks, go directly to Billionaire Cliff Asness’ Top 10 Technology Stock Picks.

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

AQR Capital Management’s Stake Value as of 9/30: $422,010,000

Percentage of AQR Capital Management’s 13F Portfolio as of 9/30: 1.02%

AQR Capital Management raised its position in e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) by 6% to end the quarter with a stake worth $422 million. Like other big tech companies, Amazon.com, Inc. (NASDAQ:AMZN) shares have fallen substantially this year due to slowing growth and lower valuations due to rising Treasury yields. Although it might take some time for the Federal Reserve to win its battle against inflation, Amazon.com, Inc. (NASDAQ:AMZN) still has a lot of growth ahead of it in the long term if it maintains its market share in e-commerce and cloud computing.

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