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Thu, Jul 10, 2025, 8:41 AM 2 min read
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Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Stocks to Watch in July as AI Enthusiasm Returns.
Mark Mahaney, Evercore ISI head of internet research, said in a recent program on CNBC that Amazon.com (AMZN) can offset tariff headwinds because of its market position, but the main concern for the company is about AWS growth. Mahaney compared AWS to Azure:
“The bigger concern really is, can AWS show this reacceleration that investors want to see? Microsoft Azure has done a wonderful job in the last 6 to 12 months showing that they're riding the GenAI wave. AWS needs to show this too. I think they'll be able to do that in the back half of the year. If I'm right on that, you get a rerating on Amazon.”
Meridian Hedged Equity Fund stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2025 investor letter:
“Amazon.com, Inc. (NASDAQ:AMZN) is a global leader in e-commerce and cloud computing, uniquely positioned to benefit from the secular growth in digital commerce and enterprise cloud adoption. Our investment in Amazon reflects its ability to compound growth through its dominant retail platform, AWS cloud infrastructure, and emerging high-margin businesses such as advertising and logistics. Amazon reported strong profitability in the quarter, achieving record operating margins and exceeding consensus estimates, driven by retail efficiencies and solid results from AWS. However, the stock declined following guidance that fell below expectations, citing foreign exchange headwinds and difficult year-over year comparisons. Broader macroeconomic concerns likely also contributed to the stock’s volatility. We remain confident in Amazon’s dominant market position and long-term potential.”
While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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