10 AI Stocks You Shouldn’t Overlook Right Now

Page 9 of 9

1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 339

Amazon.com Inc (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On April 14, Citizens JMP lowered the firm’s price target on the stock to $240 from $285 and kept an “Outperform” rating on the shares. According to the firm, Amazon is well-positioned to navigate through the current uncertain macroeconomic environment. With Amazon set to launch over 3,200 satellites into orbit through Project Kuiper, the company must have at least half of its planned satellites in orbit by July 2026 or risk losing its Federal Communications Commission (FCC) clearance for the project. The project aims to enhance global internet connectivity around the world.

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9