5 Most Profitable Tech Stocks To Invest In

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In this piece, we will take a look at the five most profitable tech stocks to invest in. If you want to learn more about the latest news in the technology industry, then you can check out the 16 Most Profitable Tech Stocks To Invest In.

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

Number of Q4 2023 Hedge Fund Shareholders: 293

Latest Trailing 12 Month Net Income: $30.4 billion

Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce retailers and enterprise computing companies in the world. Due to the sheer amount of cargo that it handles, the firm has to continuously keep on innovating. The latest news on this front reveals that Amazon.com, Inc. (NASDAQ:AMZN) is now revamping its air cargo routing.

Insider Monkey’s Q4 2023 database covering 933 hedge funds revealed that 293 were Amazon.com, Inc. (NASDAQ:AMZN)’s shareholders. Ken Fisher’s Fisher Asset Management was the biggest hedge fund investor due to its $6.3 billion investment.

Follow Amazon Com Inc (NASDAQ:AMZN)


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