


Amazon.com Inc (NASDAQ:AMZN) is being highlighted as one of the best artificial intelligence stocks by American politicians. Representative Marjorie Taylor Greene purchased shares of Amazon worth between $1,001 and $15,000 on October 24. The company's stock saw a significant increase after announcing its quarterly results, alleviating investors' concerns regarding Cloud growth. AWS (Amazon Web Services) recorded a 20% year-over-year growth in the last quarter.
Mairs & Power Balanced Fund made the following statement in its second-quarter investment letter for 2025 regarding Amazon.com Inc (NASDAQ:AMZN): “The fund established a new position in Amazon.com Inc (NASDAQ:AMZN) shares in the second quarter. The company continues to gain market share in the retail sector while also being well-positioned to grow its leading cloud business in the bulletin. The fund took advantage of the stock's weakness in April to establish its position.”
Relevant sources acknowledge the potential of AMZN but believe that some artificial intelligence stocks promise higher returns and have limited downside risk. If you are looking for a highly affordable artificial intelligence stock that can benefit from Trump's tariffs and localization advantages, check out our free report on the best short-term artificial intelligence stocks.
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