I don't like to rank movies because I like a lot of movies and some of these movies are special in their own unique way. If I did a list of favorite action films I could rank that, but since it's not specific on anything I'm just not going to rank.

Plus, the series films will count as one movie.

The Matrix (So revolutionary with special effects)
Lord of the Rings
Star Wars
Indiana Jones
Monty Python and the Holy Grail (that movie is just too funny)
The Hobbit (though I haven't seen 5 armies yet)
The Wizard of Oz (revolutionary for the film industry too)
Elf (Christmas movie classic)
Wayne's World (I love SNL)
James Cameron's Avatar (have to specify because Shamalayn made the worst tv to movie film in the history of film)