15 AI Stocks That Are Dominating Headlines

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

Number of Hedge Fund Holders: 286  

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. On November 20, the company announced that it would be launching Rufus, an AI-powered shopping assistant, in beta to a subset of customers on the Amazon mobile app in India. The AI-powered assistant would then be rolled out to customers across the South Asian country in the coming weeks. Per the tech giant, more than 10 million people have used Rufus in India since the beta launch on the web store in August.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than Amazon.com, Inc. (NASDAQ:AMZN) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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