Amazon.com is the type of stock that most growth managers have loved the past several years. It's enjoyed stable growth, and yet the company has regularly reimagined its business model to keep pace with new technologies and innovations. Over the last five years, the shares soared an average of 32.6% a year.
Nicholas Kaiser, co-manager of the $2.2 billion Amana Growth Fund (AMAGX), was also a big fan of Amazon (AMZN). The retail pioneer had been a staple of his fund for years.