10 AI Stocks Investors are Watching

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1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 328

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 AI Stocks Investors are Watching. On June 26, Redburn reiterated the stock as “Buy” with a price target of $245. The firm said Amazon is “resilient,” backed by its Amazon Web Services offering. Analysts believe that despite underperformance, AWS’s growth will witness a rebound, which will be a major catalyst for the stock.

“Amazon shares have underperformed year-to-date, held back by weak AWS performance and tariff-related ecommerce concerns. However, our analysis indicates that AWS growth should comfortably exceed lowered expectations, enabling AWS to deliver its own Azure moment — a surprise reacceleration that resets expectations higher.”

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 Getting Wall Street’s Attention and 10 AI Stocks in the Spotlight.

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