11 Trending AI News and Ratings

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

Number of Hedge Fund Holders: 286

Amazon.com, Inc. (NASDAQ:AMZN) plays a significant role in AI innovation, leveraging the technology to enhance shopping experiences, entertainment, and operational productivity. It is also a major investor in AI development including AI infrastructure.

Argus maintained a Buy rating on Amazon (NASDAQ:AMZN) with a price target of $230, making it the top pick for 2025 in the consumer products sector. The firm believes that Amazon Web Services (AWS) is strengthening its position in the growing AI market, using its leadership in cloud services to play a significant role in AI development. CEO Andy Jassy mentioned that AI is growing three times faster than cloud services. Additionally, Amazon’s partnership with Anthropic is seen as an important move to boost AWS at a time when AI technology is becoming more important.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. 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 the cheapest AI stock.

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