From Yahoo Finance: 2025-03-27 21:01:00

Billionaire Cliff Asness curated a list of the top 10 Blue Chip AI Stocks to Buy, with Amazon.com, Inc. (AMZN) among them. AQR Capital Management, under Asness, has seen impressive gains, including a 43.5% increase in 2022. Asness emphasizes the use of AI in investing strategies, acknowledging its superiority over traditional methods.

Asness believes markets have become less efficient over the years, necessitating rational investors to navigate the fluctuations. He advises against over-investing in private assets, cautioning that such practices may obscure true risk levels. Asness emphasizes the importance of enduring market fluctuations for long-term success.

Amazon.com, Inc. (AMZN) is a leading internet giant engaging in e-commerce, cloud computing, and digital streaming. With AI integrated across its business segments, including AWS, Amazon has witnessed significant growth. In 2024, Amazon generated $59 billion in net income, with analysts projecting a 21% annual earnings growth rate over the next three years.

Ranked 4th on the list of top Blue Chip AI stocks by Asness, AMZN shows promise but may not yield the highest returns compared to other AI stocks. For those seeking AI investments with low valuation multiples, exploring alternative options may be beneficial. AI technology, particularly in cloud services like AWS, remains a key growth driver for Amazon’s future success.



Read more at Yahoo Finance: Is Amazon.com, Inc. (AMZN) the Top Blue Chip AI Stock to Buy According to Billionaire Cliff Asness?