Wall Street’s Top 10 AI Stocks to Watch Right Now

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

Number of Hedge Fund Holders: 339

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 March 3rd, the company announced that patients at NYU Langone Health facilities will be able to confirm their identity at check-in using Amazon One, a contactless service that uses a palm scan to securely and quickly authenticate identity, starting next week.

This will be the largest Amazon One third-party deployment to date as well as the first Amazon One deployment in a health care setting. Amazon One’s palm scanning technology employs advanced artificial intelligence and machine learning to create a unique palm signature for identity and authentication. It has a 99.9999% accuracy rate and recognition time of less than one second. According to NYU Langone, the technology will help to accelerate sign-ins, relieve administrative strain on staff, and reduce errors and wait times.

“Health care is deeply personal and often stressful. With Amazon One, we’ve created a palm recognition system that respects privacy while making check-ins simpler when patients have more important things on their minds. It’s meaningful to see our technology make a real difference in people’s daily lives and provide a more frictionless health care journey without ever compromising on security or patient trust.”

-Colleen Aubrey, SVP of AWS Solutions.

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 time frame. 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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