"OpenAI Monday" Boosts Amazon (AMZN) Sentiment: Baird Stays Bullish on AWS Momentum

Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks Shaping Wall Street’s Next Big Rally. On October 6, Baird reiterated the stock as “Outperform” stating that “improving [Amazon Web Services] growth should help sentiment.”

“On this ‘Open AI Monday’, we are opportunistic buyers of AMZN with likely acceleration in AWS growth in coming quarters, along with solid ongoing growth in high-margin Advertising and Services.”

Amazon.com Inc. (AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.

While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.