From Yahoo Finance: 2025-05-08 19:18:00

Billionaire Bruce Kovner’s 10 Stock Picks with Huge Upside Potential includes Amazon.com Inc. (NASDAQ:AMZN). Kovner founded Caxton Associates in 1983, achieving an average return of 21% annually until 2011. Caxton has $4.18 billion in assets under management. Kovner emphasizes risk management and adaptability in uncertain markets.

Amazon (NASDAQ:AMZN) is among Kovner’s stock picks with significant potential, with a stake of $532.06 million. It operates internationally, offering products through online and physical stores. Amazon is investing in AI infrastructure, with Baird raising its price target post-Q1 2025 results. AWS saw 17% revenue growth year-over-year, attracting companies like Adobe and Uber.

Harding Loevner Global Developed Markets Equity Strategy noted Amazon’s strong performance in Q4 2024, reporting double-digit revenue growth and record high operating margins. Amazon ranks 8th on Kovner’s list of stock picks, but AI stocks may offer higher returns in a shorter timeframe. For more promising AI stock options, check out Insider Monkey’s report on the cheapest AI stock.



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