Jim Cramer’s Top 10 Bullish Stock Picks

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

Number of Hedge Fund Investors: 308

Jim Cramer noted that, like Amazon.com, Inc. (NASDAQ:AMZN), there was disappointment with recent performance, with concerns about consumer spending slowing down. However, Morgan Stanley recently reported optimism for same-day consumable sales, which are becoming increasingly popular.

“Similar to Amazon, people were disappointed with the last quarter, with a lot of talk about consumers tapping out. Today, Morgan Stanley came out and said there’s hope for same-day consumable sales, which are becoming habit-forming. Amazon’s making a comeback—up 18 points from where it fell after the setback.”

Amazon.com, Inc. (NASDAQ:AMZN) continues to lead in global e-commerce with its wide range of products, efficient logistics, and focus on customer satisfaction. Its cloud computing arm, AWS, drives significant growth due to high demand for cloud services and strong profit margins. Amazon Prime’s growing subscriber base benefits from perks like free shipping, streaming services, and exclusive deals.

Amazon.com, Inc. (NASDAQ:AMZN)’s substantial investment in technology, including artificial intelligence and automation, boosts efficiency and supports innovation. Amazon.com, Inc. (NASDAQ:AMZN)’s diverse revenue sources—advertising, subscription services, and physical retail stores like Whole Foods—help manage risks and provide multiple growth opportunities. With solid financial results, including strong revenue growth, high-profit margins from AWS, and healthy cash flow, Amazon.com, Inc. (NASDAQ:AMZN) is well-positioned for continued expansion and success in both current and new international markets.

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 NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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