Amazon.com, Inc. (NASDAQ:AMZN) is highlighted in AI Stocks for Investors. TD Cowen analyst John Blackledge reiterated a Buy rating with a $255.00 price target, expecting revenue growth in key segments like AWS, advertising, and eCommerce. He foresees Q3 results beating estimates and a strong Q4 guidance due to AWS and advertising performance.
Blackledge notes AWS lagging but sees potential growth in GenAI workloads post-2025. Amazon’s AI investments will ease supply constraints and drive growth, with partnerships like Anthropic boosting AWS growth. The company offers e-commerce, cloud computing, and AI solutions, though other AI stocks may offer greater upside potential.
For more on AI stocks, read about 10 Trending AI Stocks on Wall Street’s Radar and 10 AI Stocks Shaping Wall Street’s Next Big Rally. No disclosures provided.
Read more at Yahoo Finance: TD Cowen Sticks With Buy on Amaznon (AMZN); $255 Target Intact