Amazon is growing in the UAE with fast delivery!

Amazon.com, Inc. (NASDAQ:AMZN) is Growing Rapidly

Amazon.com, Inc. (NASDAQ:AMZN) stands out as one of Warren Buffett's top 10 stocks with the strongest growth potential. On October 21, it was announced that Amazon Now services have been expanded in the United Arab Emirates (UAE).

Amazon Now is the company's fastest delivery service, promising to deliver everyday needed products within 15 minutes. The company operates micro-distribution centers across the UAE and offers a variety of products ranging from fresh fruits to personal care items. Amazon is reducing delivery distances by providing fast delivery and meeting the evolving needs of UAE customers. Prime members can benefit from free Amazon Now delivery on orders over 25 AED.

Additionally, there is an option for delivery within 2 hours for UAE customers. This service covers thousands of products across more than 20 categories available on Amazon.ae.

As of October 21, the average price target for Amazon.com, Inc. (NASDAQ:AMZN) based on analyst forecasts is $265, which indicates a potential upside of approximately 19.35% from current levels. Over the past six months, AMZN shares have provided a return of more than 32%.

Amazon.com, Inc. (NASDAQ:AMZN) operates in various areas, including retail sales of consumer products, advertising, and subscription services. It also holds a leading position in the cloud business through its AWS unit.

While acknowledging AMZN's potential as an investment, we believe that certain artificial intelligence stocks carry higher upside potential and lower downside risk. If you are looking for an undervalued AI stock with significant potential to benefit from Trump's era tariffs and local production trends, we recommend checking out our report on the best short-term AI stock.