From Yahoo Finance: 2025-04-08 14:05:00

A list of the “13 Best Big Data Stocks to Buy According to Analysts” was recently published. Amazon.com, Inc. (NASDAQ:AMZN) is a major player in the big data industry, utilizing AI and machine learning in its operations. The global big data market size is expected to grow at a CAGR of 14.9% from 2024 to 2030, according to Grand View Research.

Big data companies focus on collecting, storing, and analyzing vast amounts of data to help businesses make informed decisions. Industries like healthcare, finance, and manufacturing are adopting big data solutions. Cloud-based big data solutions are scalable and cost-effective, attracting businesses of all sizes.

Investors are interested in big data companies offering AI-driven analytics platforms and real-time data processing. The amount of data generated globally is increasing rapidly, creating a need for efficient data collection and analysis. Amazon.com, Inc. (AMZN) ranks 7th on the list of best big data stocks to buy according to analysts.

Amazon plans to invest $150 billion in data centers to support AI applications, enhancing its big data capabilities. AWS offers a range of services for managing and analyzing data. While AMZN shows growth potential, there are promising AI stocks with high returns in a shorter time frame. Check out the report on the cheapest AI stock for more insights.

Read more: Is Amazon.com, Inc. (AMZN) the Best Big Data Stock to Buy According to Analysts?