Jim Cramer Listed 20 Best Performing Stocks of the Last 20 Years

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

Number of Hedge Fund Holders: 339

Placing Amazon.com, Inc. (NASDAQ:AMZN) among the biggest winners over the past 20 years, Cramer stated:

“Next, we’re entering cream of the crop territory. In sixth place, we find a Magnificent Seven named Amazon, up more than 10,700% gain in the Mad Money era. When this show began, Amazon was a lowly survivor of the Dot-com bust, growing its e-commerce business nicely, but still barely profitable. Since then, though, it’s grown into a colossus with its sprawling e-commerce business and a bountiful cloud infrastructure division.

Now, as a mega-cap tech giant, Amazon has all sorts of exciting new growth opportunities, from a still underappreciated advertising business to the Prime membership program that’s brought the company into the streaming media space. Much, much more. Amazon reports on Thursday night and while I’m sure there’ll be a lot of talk about tariffs of course, and the state of the consumer, this is one of the few retailers with enough bargaining power to truly mitigate these new import duties and I still like it for the long haul [buy, buy, buy].”

Amazon (NASDAQ:AMZN) operates in e-commerce, paid membership services, and digital advertising.

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