Amazon.com Inc. (NASDAQ:AMZN) is a top growth stock for 2026, with BMO Capital raising its price target to $304 on December 16. The firm sees increasing cloud commitments and AI demand driving growth, boosting AWS growth rate to 24% by 2027.

Amazon announced a $35 billion investment in India through 2030, focusing on AI digitization, export growth, and job creation. This adds to the $40 billion already invested, aiming to quadruple export impact to $80 billion and create 1 million new jobs by 2030.

Keystone Strategy’s Economic Impact Report shows Amazon has digitized 12 million small businesses and enabled $20 billion in e-commerce exports. By 2030, the company plans to expand this impact, creating tools like Seller Assistant and aiming to support 3.8 million jobs.

Amazon engages in retail, advertising, and subscription services globally. While a solid investment, other AI stocks may offer greater upside potential with less risk. Check out our free report on the best short-term AI stock for more information.

Read more at Yahoo Finance: BMO Capital Raises AWS (AMZN) Growth Forecast as AI Demand and Claude Adoption Intensify