7 Best Fast Money Stocks To Buy According To Hedge Funds

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

Number of Hedge Fund Investors: 308

As the world’s largest online retailer, Amazon.com Inc. (NASDAQ:AMZN) continues to benefit from the growing e-commerce sector, which is expected to expand significantly in the coming years. Amazon.com Inc. (NASDAQ:AMZN)’s Prime membership program, with over 200 million global subscribers, strengthens customer loyalty and provides a reliable and growing revenue stream. Amazon Web Services (AWS), Amazon.com Inc. (NASDAQ:AMZN)’s cloud computing arm, is a key driver of the company’s overall growth.

As the leader in cloud infrastructure, AWS offers critical services across various industries, with its high-profit margins significantly boosting Amazon.com Inc. (NASDAQ:AMZN)’s overall profitability, effectively balancing the lower margins from its retail operations. As more businesses transition to cloud-based solutions, AWS is well-positioned to capture a large share of this expanding market, ensuring continued revenue and profit growth for Amazon.com Inc. (NASDAQ:AMZN). In addition to its strengths in e-commerce and cloud computing, Amazon.com Inc. (NASDAQ:AMZN) is also expanding into other high-growth areas such as advertising, streaming, and artificial intelligence.

Amazon.com Inc. (NASDAQ:AMZN)’s advertising business has rapidly grown into a multi-billion-dollar segment by leveraging extensive consumer data to deliver targeted advertising solutions. Moreover, Amazon.com Inc. (NASDAQ:AMZN)’s investments in AI and machine learning enhance its innovation capabilities across different business areas, including logistics and customer service.

While we acknowledge the potential of Amazon.com Inc. (NASDAQ:AMZN), our conviction lies in the belief that under the radar 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 the ones on our list but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.

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