Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Diversified Stocks to Buy According to Hedge Funds.

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On September 23, 2025, Amazon.com, Inc. (NASDAQ:AMZN) decided to shutter all 19 of its Fresh supermarkets in the U.K., following a review of its physical grocery operations. However, five of those stores will be converted into Whole Foods locations. The company will shift its focus to same-day online delivery for perishable items beginning next year.

Meanwhile, on the same day, Amazon.com, Inc. (NASDAQ:AMZN) filed a lawsuit in Brooklyn federal court against the New York Public Employment Relations Board. The company argues that a new state labor law unconstitutionally usurps federal authority over union organizing and workplace disputes.

Amazon.com, Inc. (NASDAQ:AMZN) offers consumer products, advertising, and subscription services through online and physical stores. It operates through North America, International, and Amazon Web Services (AWS) segments. It is one of the Best Diversified Stocks.

While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.