From Yahoo Finance: 2025-04-16 11:59:00

Fred Alger Management released its Alger Spectra Fund Q1 2025 investor letter, citing increased volatility in U.S. stocks due to changing policies and advanced AI models from China. Class A shares underperformed the Russell 3000 Growth Index in the quarter. Check the fund’s top five holdings for 2025’s best picks.

Alger Spectra Fund highlighted Amazon.com, Inc. in its Q1 2025 investor letter. Amazon provides consumer products, advertising, and subscription services. The stock’s one-month return was -8.16%, with shares losing 0.93% over the last 52 weeks. On April 15, 2025, Amazon closed at $179.59 per share with a market cap of $1.906 trillion.

Amazon.com, Inc. tops the list of 30 Most Popular Stocks Among Hedge Funds, with 339 funds holding it in Q4 2024. The company achieved global revenue of $187.8 billion in Q4 2024, showing an 11% YoY growth excluding foreign exchange impact. The focus is on AI stocks for higher returns in a shorter timeframe.

For more on Amazon.com, Inc., check out other articles covering the best NASDAQ stocks to buy in 2025. Visit the hedge fund investor letters Q1 2025 page for additional insights. Explore more on Michael Burry’s stock selling trends and the potential new dawn for US stocks.

Disclosure: None. Source: Insider Monkey.



Read more at Yahoo Finance: What Makes Amazon.com (AMZN) a Fundamentally Strong Company?