AI Stocks-Amazon (AMZN)

The holiday season is almost here, and Amazon is gearing up for a surge in global orders. The convenience of fast delivery, easy returns and a vast selection of items make online holiday shopping a dominant trend — with Amazon playing a significant role. Although retail is no longer Amazon’s primary focus, its cloud computing sector is leading the way.

Amazon, valued at $1.4 trillion, has expanded from e-commerce to lead in cloud computing, advertising and streaming. The company’s Q3 2023 results also highlighted the strength of the company’s core AI-driven e-commerce business model. In fact, AMZN stock surged nearly 7% on the results, as investors piled into this mega-cap growth stock.

Amazon has continued to invest strategically into its fulfillment and e-commerce technologies, among which AI has played a leading role. That move makes Amazon one of the most efficient delivery companies out there. Until that changes, this is a stock to buy.