Goldman Sachs AI Stocks: 10 Stocks to Buy

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

Percentage of Portfolio Holding: 1.63%

Portfolio Holding Value: $12.03 Billion

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) is one of the best AI stocks to buy according to Goldman Sachs. On September 17, Amazon.com, Inc. (NASDAQ:AMZN) introduced a new AI agent to assist third-party merchants in operating their online businesses.

Amazon is adding agentic capabilities to its AI tool for third-party sellers, Seller Assistant. Amazon has released several third-party AI seller tools, such as a product listing generator and an image and video generator for ads. The latest update to its seller tools brings new and advanced AI-powered solutions to help sellers move faster to launch new products with more confidence.

Other key features of the AI seller tool include launching with less inventory while keeping fast speeds, improved storytelling to help minimize costs, providing fast and accurate signals for new product success, and accelerating product reviews.

Amazon believes that tools such as Seller Assistant allow merchants to focus more on product innovation and customer relationships, while AI tools handle the hard operational tasks, leading to higher sales.

Amazon’s vice president of worldwide selling partner services, Dharmesh Mehta, told CNBC in an interview that 1.3 million third-party sellers have already used its generative AI listing tools this week.

Amazon.com, Inc. (NASDAQ:AMZN) operates the world’s largest e-commerce platform and also engages in advertising and subscription services through online and physical stores. The company’s AI tools and machine learning models help its sellers to enhance businesses and improve customer experience.