12 AI Stocks on Wall Street’s Radar

Page 11 of 11

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 16, BMO reiterated the stock as “Outperform” but lowered its price target from $280 to $235. The analyst told investors in a research note how the second half of 2025 is “increasingly uncertain” due to softened cloud demand in March, shaky macro environment, and reduced visibility. It said that “AWS remains best-positioned to benefit from the $5T TAM [total addressable market] opportunity.” Nevertheless, the analysts have reduced their AWS growth estimates for Q1 to 19% from 20% and growth estimates for 2025 to 18% from 20%.

“Reiterate Outperform, but reduce estimates and Target Price to $235 from $280.”

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 11 of 11