12 Best Fundamental Stocks to Buy Right Now

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

5-Year Revenue Growth Rate: 17.86%

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) ranks among the best fundamental stocks to buy right now. Morgan Stanley reaffirmed its Overweight rating and $300 price target for Amazon.com, Inc. (NASDAQ:AMZN) on September 10, pointing to the company’s entry into the fresh grocery sector. According to Morgan Stanley, Amazon’s U.S. gross merchandise value may increase by about 120 basis points for every 1% of the market share it gains in this area.

Morgan Stanley states that Amazon.com, Inc. (NASDAQ:AMZN) has already established the logistics infrastructure required to enable its grocery growth. The firm also highlights how the fresh food initiative is positioned favorably by higher produce margins and minimum $25 basket criteria.

According to the firm’s analysis, Amazon’s fresh grocery sector is expected to be successful and contribute to the company’s earnings before interest and taxes (EBIT) dollar upside.

Amazon.com, Inc. (NASDAQ:AMZN) is a dominant American multinational technology company that operates in several industries, including e-commerce, cloud computing via Amazon Web Services (AWS), online advertising, digital streaming, and artificial intelligence.

While we acknowledge the potential of AMZN to grow, 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 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

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