Amazon Best Ai Stock

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Amazon Best Ai Stock

Amazon (Amzn) - A Must-Buy Ai Stock For Everyone

AI is already changing the world as we know it, and this will only pick up pace in the near future. That's why companies are putting hundreds of billions into AI to win this race.

Today, there are a lot of real-world AI applications. This proves AI is no longer a pipedream but a reality that's affecting the whole world. The AI tools include robot workers, language models, automatic-driven cars, and so on.

Ai Usage Is Increasing

According to research, the AI usage in the USA is currently at 6.8%. However, it will soon jump to 9.3% during the next few months.

So, even if you invest in AI today, you will still get the early mover advantage. With that in mind, the best AI stock that you can buy today is Amazon (AMZN).

Amazon (AMZN) is running Amazon Web Services (AWS), which is a leading platform for cloud computing. This has allowed Amazon to capture 30% of the market via its AWS.

AWS is also a big revenue driver for Amazon, and it will only increase in the near future. More and more companies are now using AWS, which highlights its strong market position.

According to Goldman Sachs, AI will increase the cloud revenue to around $2 trillion by the year 2030. So, if Amazon can even capture a 30% share of that, it would be equal to $600 billion.

In 2024, the revenue of AWS was only $107 billion, which means there's a lot of significant growth waiting for AWS.

On top of that, the PEG ratio of Amazon sis only 1.7, which is a lot lower than the threshold of 2 - 2.5. So, even based on that metric, it is worth buying Amazon today.

All of this shows that Amazon is a good stock to own, both in the short and long term. Especially for those who want to join the AI train, this stock is the right choice to hold for the next decade!

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