11 Best Stocks To Invest In For Grandchildren

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

Number of Hedge Fund Holders: 286   

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. In earnings for the fourth quarter of 2024, the firm posted earnings per share of $1.86, beating analyst expectations by $0.38. The revenue over the period was $187 billion, up more than 10% compared to the revenue over the same period last year and beating estimates by $560 million. During the earnings call, the management of the firm projected Q1 2025 net sales between $151 billion and $155.5 billion.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that some stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for a stock that is more promising than Amazon.com, Inc. (NASDAQ:AMZN) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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