14 Trending AI Stocks on Latest Ratings and News

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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. The company could be one of those affected by a recent decision of AI startup Perplexity to launch a new AI-powered shopping assistant. The AI assistant gives users access to a first-of-its-kind AI commerce experience called Buy with Pro, which lets them check out right on the Perplexity website or app for select products from select merchants. Perplexity will use data from sellers’s sites for the purpose.

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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