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Amazon (AMZN) Highly Rated by Billionaire Investor David Tepper
Amazon (AMZN) Highly Rated by Billionaire Investor David Tepper
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Amazon (AMZN) has become a favorite among traders as the market shows signs of a short-term rebound. Despite macroeconomic pressures, the e-commerce giant offers promising avenues for future gains, attracting top investors. David Tepper, the founder of Appaloosa Management, is one such investor who has made billions in his career. Tepper’s stake in Amazon is currently valued at around $570.41 million, with Appaloosa Management holding 2.6 million shares by the end of Q4 2024. Hedge fund positions in Amazon have also grown, with 339 of the 1,009 funds reporting stakes in the company.
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