10 Best Stocks That Recently Issued New Debt

8. Amazon.com Inc. (NASDAQ:AMZN)

Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 best stocks that recently issued new debt.

On March 25, Citi increased its price target on Amazon.com Inc. (NASDAQ:AMZN) from $265 to $285 while maintaining a Buy rating on the stock. The firm has also raised its estimates for Amazon Web Services, driven by the ongoing need for AI after analysing the revenue contributions of Anthropic, OpenAI, and core workloads.

Citi predicts 28 percent year-over-year revenue growth for AWS in the first quarter, and 29 percent in 2026. The growth rate is expected to rise to 37 percent in 2027 as the partnerships between Amazon’s Anthropic and OpenAI kick in.

Back on February 23, Wells Fargo maintained an Overweight rating on Amazon.com Inc. (NASDAQ:AMZN). The firm reduced its price target from $305 to $304. Wells Fargo highlighted compute capacity as a key success factor, noting that AI-driven demand is expected to exceed supply in the near to medium term.

The firm also expects hyperscaler capacity to double up to 98GW, with annual CapEx reaching $860 billion by 2027. It highlighted significant expansion in the cloud industry as compared to street estimates, supporting a more constructive long-term outlook for the company and broader industry.

Amazon.com, Inc. (NASDAQ:AMZN) is a technology company engaged in e-commerce, cloud computing, streaming, AI solutions, and physical retail. It offers consumer retail, advertising, and subscription solutions through an extensive network of online and brick-and-mortar stores worldwide. The company also develops and sells electronic devices such as Kindle, fire tablets, fire TVs, blink, and eero.