Druckenmiller said he loves Amazon.com, Inc. (NASDAQ:AMZN), because the company is committed to investing in its future and its Amazon Web Services is exploding. Amazon is also registering large sales growth in the U.S and even though it has small margins now, once it captures a large market share, it may increase the margins and reap more profits. In its latest 13F filing, Duquesne did not report holding any shares of Amazon. Billionaire Ken Fisher of Fisher Asset Management is also bullish on Amazon.com, Inc. (NASDAQ:AMZN), and did report owning shares in his most recent 13F for the third quarter, 2.50 million to be exact.
Netflix, Inc. (NASDAQ:NFLX) is another company that Druckenmiller likes, although Duquesne has not disclosed holding shares of the company as of its last 13F either. The investor believes that Netflix, Inc. (NASDAQ:NFLX) is doing a good job investing for and focusing on the long-term and does not care that much about the short-term and beating quarterly estimates. Many of the investors from our database share the same view, as in the previous round of 13F filings a total of 50 funds reported holding over 15% of Netflix, Inc. (NASDAQ:NFLX)’s outstanding stock as of the end of June. Clifford Fox’s Columbus Circle Investors was one of these funds, and it further reported holding 1.0 million shares in its 13F for the third quarter.