10 Stocks That Will Make You Rich In 3 Years

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

Number of Hedge Fund Holders: 339

Analysts Upside Potential: 26.33% 

Amazon.com, Inc. (NASDAQ:AMZN) is an international e-commerce company and also a technology giant. It operates through key segments, including North America, International, and Amazon Web Services (AWS) segments. While the company is known for its e-commerce platform, it is also a key player in cloud technology.

The company is also investing heavily in AI infrastructure and services at every level of the stack. During the fiscal first quarter of 2025, Amazon.com, Inc. (NASDAQ:AMZN) generated $29.3 billion in revenue, indicating a 17% year-over-year growth. The AWS segment, which deals with cloud infrastructure, reported growth in its GenAI business and the traditional cloud offering as well. On May 5th, Tigress Financial raised the firm’s price target on the stock to $305 from $290 and kept a Buy rating on the shares after the company reported its quarterly results. The firm highlighted that Amazon.com, Inc. (NASDAQ:AMZN) is well-positioned to withstand economic and consumer spending fluctuations. It is one of the best stocks that will make you rich in 3 years.

Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter:

“During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. In Consumer Discretionary, Amazon.com, Inc. (NASDAQ:AMZN) reported strong third-quarter results. Revenue increased by double digits, led by growth in advertising and Al products, while the company’s operating margins also hit an all-time high of 11%. The key reasons for the higher margins were that its international e-commerce operations turned profitable, and there was faster growth in its high-margin cloud-computing business.”