9 Trending AI Stocks On 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 29, the company announced the availability of Prompt Optimization on Amazon Bedrock. The latest tool allows users to improve the performance of their Generative AI applications. In a blog post, the firm said that the new tool would optimize prompts for several use cases with a single API call or a click of a button on the Amazon Bedrock console. Amazon Bedrock supports Prompt Optimization for Anthropic’s Claude, Meta’s Llama, Mistral’s Large, and Amazon’s Titan Text Premier models.

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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