Baupost Fund Increases Amazon and Union Pacific Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy AMZN?
Source: seekingalpha
- Increased Amazon Holdings: Baupost Fund added 2.12 million shares of Amazon (AMZN) valued at $489.7 million in Q4, indicating strong confidence in the company's growth potential and a strategy to capitalize on market fluctuations.
- Exited PagSeguro: The fund completely exited its stake in PagSeguro (PAGS) during the same quarter, reflecting a cautious outlook on the company's prospects and a potential reallocation of funds to more promising investments.
- Boosted Union Pacific Stake: Baupost increased its holdings in Union Pacific (UNP) from 1.50 million to 1.63 million shares, valued at $376.4 million, signaling a positive long-term outlook on the rail transport sector amid economic recovery.
- Reduced Other Holdings: During this period, Baupost also reduced its stakes in Alphabet (GOOG) and CRH (CRH), demonstrating a dynamic adjustment in its portfolio to optimize the balance between risk and return.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 201.150
Low
175.00
Averages
280.01
High
325.00
Current: 201.150
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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