BMO Maintains Outperform on Amazon (AMZN), Calls It a Top Pick

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Hot AI Stocks to Keep on Your Radar. On October 9, BMO reiterated the stock as “Outperform” and said Amazon remains a top pick.

“3Q25E checks continue to support 2H25E AWS growth acceleration, although ramping competition and capacity constraints likely limit incremental upside.”

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.