From Yahoo Finance: 2025-05-07 09:09:00

Billionaire Louis Bacon’s 10 Stock Picks with Huge Upside Potential includes Amazon.com Inc. (NASDAQ:AMZN). Moore Capital Management’s founder, Bacon, emphasizes diversification and contrarian investment strategies. The hedge fund has $33.20 billion in AUM, with a focus on global fixed-income and emerging markets.

Amazon.com Inc. (NASDAQ:AMZN) is a global e-commerce and technology giant with a stake of $212.03 million from Moore Global Investments. AWS revenue grew 17% YoY in Q1 2025, with companies like Adobe and Uber utilizing its cloud services. Amazon invests in AI infrastructure, with a custom AI chip Trainium 2.

Louis Bacon’s stock picks rank Amazon.com Inc. (NASDAQ:AMZN) as 8th for upside potential. While AMZN shows investment promise, AI stocks are predicted to deliver high returns in a shorter timeframe. Explore the report on an undervalued AI stock with significant upside potential compared to popular AI stocks.

Read more: Among Billionaire Louis Bacon’s Stock Picks with Huge Upside Potential