12 Strong Buy Stocks to Buy and Hold for the Next 5 Years

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

On May 21, 2026, QAD Redzone announced an expanded strategic collaboration with Amazon Web Services, a unit of Amazon.com, Inc. (NASDAQ:AMZN), and Tata Consultancy Services. The companies said the collaboration is aimed at helping manufacturers modernize operations, scale execution, and use agentic AI without the cost, disruption, time, and staffing often tied to traditional ERP. QAD Redzone said the three companies are working on a secure, agile architecture and services offering for mid-market manufacturers, helping them move away from legacy enterprise systems and build a System of Action.

On May 20, 2026, Wells Fargo lowered the firm’s price target on Amazon.com, Inc. (NASDAQ:AMZN) to $312 from $313 and maintained an Overweight rating on the shares. Wells Fargo said market confidence is improving in companies that monetize compute investments directly through cloud businesses, supported by accelerating cloud revenue, stable-to-improving margins, and rapidly rising backlogs.

On May 13, 2026, Amazon introduced Alexa for Shopping, which it called “the world’s best, most personalized AI assistant for shopping.” The feature is available to U.S. customers on the Amazon Shopping app and website, as well as on Echo Show devices. Amazon said the product combines Rufus’s product expertise, Amazon shopping history, and Alexa+ personalization to deliver a “more personal, helpful shopping experience” across Amazon’s shopping app, website, Echo Show, and other stores across the web.

Amazon.com, Inc. (NASDAQ:AMZN) engages in the retail sale of consumer products, advertising, and subscription services through online and physical stores in North America and internationally.

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 the cheapest AI stock.

Click to continue reading and see the 5 Strong Buy Stocks to Buy and Hold for the Next 5 Years.

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