Amazon (AMZN) has emerged as a top pick for traders, with the market looking like it may bounce back in the short term. Although there is still no shortage of macroeconomic factors holding prices at bay, the e-commerce juggernaut has some enticing avenues of future gains, intriguing top investors. One of these investors who has made billions in his career is David Tepper. The Appaloosa Management founder has made many smart investments in his career, and one of those that is still actively providing profits is Amazon (AMZN).

Appaloosa Management’s Equity Stake in Amazon currently sits around $570.41 million. By the end of Q4 2024, Appaloosa Management held 2.6 million shares of Amazon, valued at over $570 million. Hedge fund positions in the company grew notably too, with 339 of the 1,009 funds reporting stakes in the company, up from 286 in the previous quarter. On the other hand, during Q4, Tepper also sold 600,000 shares of Amazon stock, trimming his position by 19%.

If you invested in Amazon (AMZN) five years ago, your ROI on current prices would mean gains of just over 40%. However, that also accounts for the slump that the market has seen over the last 3-4 months due to tariff concerns. Had that market collapse not happened, AMZN stock was looking at an ROI of nearly 90% entering 2025. Since April 2005, shares have even catapulted 10,590% higher.

Also Read: US President Trump Exploring If He Can Fire Fed Chair Powell

Several experts are bullish on Amazon stock despite the slow start to 2025. Analysts at Morgan Stanley expect more growth for Amazon (AMZN) and its stock, even if the US stock market continues to slow. The firm’s analysts recently lowered their estimates for Amazon’s earnings and cloud services growth, as well as slashed their price target for AMZN shares. Despite this, the firm kept an “overweight” rating on the stock, signaling the company could quickly correct and improve the new stock forecast.

Most investors are familiar with Amazon’s online sales platform. The business sells a wide variety, with low prices and fast delivery a key focus. According to Statista, 38% of all online retail sales in the U.S. are represented by Amazon. Given that e-commerce is still less than 17% of all retail sales domestically, there should still be a large opportunity for Amazon to capture.

Amazon (AMZN) has emerged as a top pick for traders, with the market looking like it may bounce back in the short term. Although there is still no shortage of macroeconomic factors holding prices at bay, the e-commerce juggernaut has some enticing avenues of future gains, intriguing top investors. One of these investors who has made billions in his career is David Tepper. The Appaloosa Management founder has made many smart investments in his career, and one of those that is still actively providing profits is Amazon (AMZN).

Appaloosa Management’s Equity Stake in Amazon currently sits around $570.41 million. By the end of Q4 2024, Appaloosa Management held 2.6 million shares of Amazon, valued at over $570 million. Hedge fund positions in the company grew notably too, with 339 of the 1,009 funds reporting stakes in the company, up from 286 in the previous quarter. On the other hand, during Q4, Tepper also sold 600,000 shares of Amazon stock, trimming his position by 19%.

If you invested in Amazon (AMZN) five years ago, your ROI on current prices would mean gains of just over 40%. However, that also accounts for the slump that the market has seen over the last 3-4 months due to tariff concerns. Had that market collapse not happened, AMZN stock was looking at an ROI of nearly 90% entering 2025. Since April 2005, shares have even catapulted 10,590% higher.

Also Read: US President Trump Exploring If He Can Fire Fed Chair Powell

Several experts are bullish on Amazon stock despite the slow start to 2025. Analysts at Morgan Stanley expect more growth for Amazon (AMZN) and its stock, even if the US stock market continues to slow. The firm’s analysts recently lowered their estimates for Amazon’s earnings and cloud services growth, as well as slashed their price target for AMZN shares. Despite this, the firm kept an “overweight” rating on the stock, signaling the company could quickly correct and improve the new stock forecast.

Most investors are familiar with Amazon’s online sales platform. The business sells a wide variety, with low prices and fast delivery a key focus. According to Statista, 38% of all online retail sales in the U.S. are represented by Amazon. Given that e-commerce is still less than 17% of all retail sales domestically, there should still be a large opportunity for Amazon to capture.