5 Stocks That Will Make You Rich in 5 Years According to ChatGPT

2. Amazon.com Inc (NASDAQ:AMZN)

Number of Hedge Fund Investors: 286

Ecommerce giant Amazon.com Inc (NASDAQ:AMZN) ranks 2nd in our list of the best stocks to get rich over the next five years. Analysts at Citi recently chose Amazon.com Inc (NASDAQ:AMZN) as one of their top picks for 2024.

AWS recently released plans to invest over $17.9 billion in Canada to expand its infrastructure in the country through 2027.

Here is what White Brook Capital has to say about Amazon.com, Inc. (NASDAQ:AMZN) in its Q3 2023 investor letter:

“The magnificent seven, that underpin the S&P 500 performance, which includes Amazon.com, Inc. (NASDAQ:AMZN), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth.”