12 High-Risk High-Reward Growth Stocks to Buy Right Now

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

Beta: 1.29

Upside Potential: 19.89%

Amazon.com, Inc. (NASDAQ:AMZN) ranks among our list of 12 high-risk high-reward growth stocks to buy right now. Amid a positive second quarter and the announcement of Prime Big Deal Days, the company faces pressure with the new fee on H-1B visas.

In its Q2 earnings results, reported on July 31, 2025, the company announced a 13% year-over-year increase in net sales, reaching a revenue of $167.7 billion. Sales in the North America Segment alone increased 11% year-over-year to $100.1 billion. By the end of the quarter on June 30, 2025, the company introduced DeepFleet, an AI model that coordinates movements between Amazon.com, Inc. (NASDAQ:AMZN)’s robots to find optimal paths and reduce bottlenecks.

Amazon.com, Inc. (NASDAQ:AMZN) has officially announced that Prime Big Deal Days will take place on October 7-8, 2025. With this, the company kicks off the holiday shopping season with exclusive deals for Prime members. However, the new fee of $100,000 imposed on H-1B visas has created new challenges. The Wall Street Journal has stated that tech giants like Amazon, Google, and Microsoft warned H-1B holders not to leave the country. (NASDAQ:AMZN).

With a beta of 1.29 reflecting the company’s high volatility, the consensus upside potential of 19.89% boosts the company’s outlook among investors looking to invest in growth stocks.

The multinational technology company, Amazon.com, Inc. (NASDAQ:AMZN) was founded in 1994 by Jeff Bezos. Headquartered in Washington, Amazon specializes in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.

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