$AMZN Don't lose faith, rather gain patience. AMZN #1 Hedge Fund Investment
Number of Hedge Funds: 273 (2020Q4)
Number of Hedge Funds: 245 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $51.5 billion
Percent of Hedge Funds with Long Positions: 30.8%
Popularity Ranking (2020Q3): 1 Popularity Ranking (2020Q2): 1
InvestorPlace – “Amazon generated significantly higher free cash flow (FCF) for the year ending Dec. 31. As a result, I estimate that AMZN stock is now worth much more at $4,853 per share, or 49% above today’s price.”
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