10 AI Stocks Shaping Wall Street’s Next Big Rally

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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 Shaping Wall Street’s Next Big Rally. On October 6, Baird reiterated the stock as “Outperform” stating that “improving [Amazon Web Services] growth should help sentiment.”

“On this ‘Open AI Monday’, we are opportunistic buyers of AMZN with likely acceleration in AWS growth in coming quarters, along with solid ongoing growth in high-margin Advertising and Services.”

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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