10 Best Strong Buy Stocks To Buy Right Now

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

Analyst Upside: 37.27%

Number of Hedge Fund Holders: 339

Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology company that offers online retail shopping services. It operates through the North America, International, and Amazon Web Services (AWS) segments. AWS’s segment covers global sales of storage, computers, databases, and other services for government agencies, academic institutions, startups, and enterprises.

Amazon.com, Inc.’s (NASDAQ:AMZN) e-commerce standing lends it a significant competitive advantage, as it holds nearly 38% of all e-commerce sales in the US. According to the Boston Consulting Group, e-commerce is expected to continue growing as a percentage of retail sales, reaching around 41% of global retail sales by 2027. This is anticipated to prove substantially beneficial for Amazon.com, Inc. (NASDAQ:AMZN).

The company is also investing heavily in AI. Its capital expenditures (capex) for 2025 are anticipated to be around $100 billion, a majority of which would go to AI. The company also said that falling AI inference expenses would fuel increased AI infrastructure spending. It ranks fourth on our list of the 10 best strong buy stocks to buy now.

Ariel Appreciation Fund stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter:

“During the quarter, we initiated three new investments, each in companies we have followed closely for a considerable time. At various points, we viewed them as missed opportunities; however, our experience with Mr. Market has taught us that patience often creates inevitable entry points. This quarter, some exciting opportunities presented themselves. The three investments are Amazon.com, Inc. (NASDAQ:AMZN), Diageo (NYSE: DEO), and Uber (NASDAQ: UBER). We will discuss each in detail below.

Amazon is one of the most widely followed companies in the world. While the “Magnificent 7” (of which Amazon is a key member) is often seen as a runaway freight train, we were able to purchase Amazon shares at prices last seen in 2021—three years ago. How is this possible if the “Mag7″ has been so dominant? We believe it largely reflects the increasing prevalence of narratives driving market sentiment…” (Click here to read the full text)