13 Best NASDAQ Stocks to Buy So Far in 2025

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

Number of Hedge Fund Holders: 339

Amazon.com Inc. (NASDAQ:AMZN) retails consumer products and also engages in advertising, and subscriptions service through online and physical stores internationally. The company operates through three segments, which include North America, International, and Amazon Web Services (AWS). It also has its membership program under the name of Amazon Prime.

As March concluded, the company unveiled its new AI model under the name of Nova Act. This is Amazon.com’s Inc. (NASDAQ:AMZN) software development kit that takes actions in a web browser on the user’s behalf. This is done to automate tasks like filling forms, extracting data, or performing other similar multi-step tasks without the constant need for human intervention. As many companies advance their AI capabilities, Nova Act also helps Amazon.com Inc. (NASDAQ:AMZN) become an AI leader.

Citi recently recommended buying Amazon.com Inc. (NASDAQ:AMZN) on weakness as the firm believes in the company’s potential to benefit from its TikTok takeover bid.  The firm maintained its Buy rating on the company with a $270 price target. While certain involved parties are not taking this seriously, Citi believes this bid to be a big win for the company’s ads and sales. TikTok’s over 170 million monthly active users in America could increase Amazon.com Inc.’s (NASDAQ:AMZN) ad business.

Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter:

“During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. In Consumer Discretionary, Amazon.com, Inc. (NASDAQ:AMZN) reported strong third-quarter results. Revenue increased by double digits, led by growth in advertising and Al products, while the company’s operating margins also hit an all-time high of 11%. The key reasons for the higher margins were that its international e-commerce operations turned profitable, and there was faster growth in its high-margin cloud-computing business.”

As we acknowledge the growth potential of Amazon.com Inc. (NASDAQ:AMZN), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter timeframe. 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 the cheapest AI stock.

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

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