Amazon (AMZN) Stock in Focus as BofA Names It Top Large-Cap E-Commerce Pick

Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks in the Spotlight This WeekOn October 17, Bank of America reiterated Amazon and Chewy as “Buy,” stating that both stocks are top ideas in e-commerce.

“Amazon remains our top Large Cap pick for US eCommerce given projected share gains aided by a growing grocery business, margin expansion from robotics, ability to leverage Prime user base to build strong Agentic AI position, and our view that capacity additions in 2026 will drive AWS acceleration.”

Amazon.com Inc. (AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.

While we acknowledge the risk and potential of 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 time frame. If you are looking for an AI stock that is more promising than AMZN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT:10 AI Stocks in Focus on Wall Street and 10 AI Stocks Analysts Are Watching Closely

Disclosure: None.