Top 12 AI Stocks Taking Wall Street by Storm

1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 286

Amazon.com Inc (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On February 12, JFrog Ltd., a software company, announced that it had signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS). Through this agreement, enterprise customers will be empowered to swiftly migrate workloads to AWS to maximize the value of their cloud-based, software supply chain investments.

Customers will be able to leverage accelerated cloud migration and increased resources through AWS Marketplace procurement. JFrog’s comprehensive DevOps capabilities on AWS have been helping companies such as Fortra, a company offering cybersecurity and automation solutions, to ensure high-performance, secure, and scalable infrastructure management. Consequently, Fortra has been able to focus on innovating without constantly managing the underlying infrastructure.

“We at Fortra have greatly benefited from the implementation of the JFrog Platform on AWS. The seamless integration and robust features of JFrog, combined with the reliable and scalable infrastructure of AWS, have significantly optimized our developer experience. The comprehensive security measures and cloud-native DevSecOps capabilities provided by JFrog ensure our development processes are secure and compliant. Additionally, procuring JFrog through AWS Marketplace has streamlined the acquisition process, allowing us to quickly deploy and manage our solutions with ease. We are excited about the deepening collaboration between JFrog and AWS, and the tremendous value it will bring to customers like Fortra.”

-Jody Dahl, VP of Research and Development, Fortra.

While we acknowledge the potential of 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 AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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