10 AI Stocks In The Spotlight For Investors

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1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 AI Stocks In The Spotlight For Investors. On October 7, TD Cowen analyst John Blackledge reiterated a Buy rating on the stock and retained the price target of $255.00.

Blackledge’s bullish outlook stems from the revenue growth anticipated in Amazon’s key business segments such as AWS, advertising, and eCommerce.

Besides revenue growth, he also believes in the continued expansion in these areas, enabling Amazon’s third-quarter results to surpass consensus estimates. A strong fourth-quarter guidance also seems likely, with accelerating AWS growth and strong performance in advertising.

Blackledge has also acknowledged how AWS has been lagging behind its cloud peers. However, he believes that the increasing demand for GenAI workloads will lead it on the path toward revenue growth acceleration in the latter half of 2025 and beyond.

Moreover, Amazon’s robust AI infrastructure investments will likely ease supply constraints and drive sustained growth. The contribution from partnerships such as that of Anthropic will likely enhance AWS’s year-over-year growth.

Amazon.com Inc. (AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence 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 have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 AI Stocks Every Investor Should Watch and 10 Buzzing AI Stocks on Wall Street.

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