14 AI Stocks to Watch According to Latest News and Ratings

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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. On November 19, news publication Business Insider reported that Amazon held talks with several partners for handling specific tasks on the AI-powered Alexa, including Uber, Ticketmaster, and Instacart. Per the report, as of late August, those partner companies were confirmed to work with Amazon on this project and some of them were already being tested on the new Alexa technology, according to an internal document.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ: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 timeframe. If you are looking for an AI 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: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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