Top 5 Stock Picks of Girish Kumar’s TenCore Partners

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In this article, we discuss the top 5 stock picks of Girish Kumar’s TenCore Partners. If you want to read our detailed analysis of Kumar’s history, investment philosophy, and hedge fund performance, go directly to the Top 10 Stock Picks of Girish Kumar’s TenCore Partners.

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

Girish Kumar’s TenCore Partners’ Stake Value: $55,172,000

Percentage of Girish Kumar’s TenCore Partners’ 13F Portfolio: 7.62%

Stock Price as of December 31: $3,334.34

Number of Hedge Funds: 242

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Big Five tech companies leading the e-commerce industry and is currently involved in artificial intelligence, cloud computing, and digital streaming initiatives.

Colin Sebastian at Baird has chosen Amazon.com, Inc. (NASDAQ:AMZN) as one of the top three internet stock picks for 2022. The analyst thinks that the company will continue to gain from the digital transformation across the economy, and the revenue mix will shift towards recurring revenues. The stock has also been chosen as a top internet pick for 2022 by Mark Mahaney at Evercore ISI.

In its Q3 2021 investor letter, Davis Funds shared its stance on Amazon.com, Inc. (NASDAQ:AMZN). Here’s what the firm said:

“E-commerce, online search and advertising, social media and software are another component of the portfolio that have proven, attractive businesses. The online portion of the Fund is currently dominated by such market leaders as Amazon.com. We are attracted to these names based on the size and rapid expansion of their market opportunities globally, their ability to generate and grow new revenue sources through constant innovation, ample operating leverage as they continue to scale and capable, focused, highly competitive leadership teams. If purchased at sensible prices, these types of businesses in our experience can contribute meaningfully to long-term results.”

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