Amazon.com, Inc. (AMZN) Is A Top Richard Chilton AI Stock
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Amazon.com, Inc. (AMZN) Is A Top Richard Chilton AI Stock Ramish Cheema Sun, June 28, 2026 at 6:33 AM EDT 2 min read AMZN Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best Stocks to Buy According to Billionaire Richard Chilton . eCommerce giant Amazon.com, Inc. (NASDAQ:AMZN)'s shares are up by a modest 4.5% over the past year and are flat year-to-date. As reported by Investing.com, Bank of America discussed the shares on June 18th. It kept a Buy rating and a $310 share price target. BofA discussed Amazon.com, Inc. (NASDAQ:AMZN)'s Prime Day event as part of its coverage and commented that it expected Gross Merchandise Value to grow by 4.5% annually and sit at $11.6 billion. The bank added that third-party GMV should grow by 5% to $11 billion. As Prime Day unfolded, Bloomberg was out with some fresh stats. The publication reported that first-day spending at all retailers was $8.3 billion, which exceeded Adobe Analytics' estimates of $7.9 billion and set a new record. Amazon.com, Inc. (NASDAQ:AMZN) is currently trading at a forward P/E multiple of 31.15, which is higher than the S&P 500's 21. Amazon.com, Inc. (NASDAQ:AMZN)'s cloud computing business is also focusing on custom AI chips to lessen dependence on NVIDIA's products. CNBC's Jim Cramer discussed the strategy in a recent appearance: "Google and Amazon announce once again that they have competitive chips to Nvidia and they are going to sell them to others…. How many times have they done that? Benchmarks? Clients?" 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 . READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy . Disclosure: None. Follow Insider Monkey on Google News .
AI 시장 분석
According to the article, Richard Chilton named AMZN as a promising AI-related stock, and Bank of America maintained a Buy and set a $310 price target while projecting Prime Day annualized GMV growth of 4.5% to $11.6 billion, with third-party GMV up 5% to $11 billion. Pre-Prime Day retail spending on the first day reached a record $8.3 billion, confirming a recovery in e-commerce demand. Meanwhile, AWS is pursuing development of custom AI chips to reduce dependence on NVIDIA, which could affect cloud profitability and AI service competitiveness. However, AMZN's forward P/E of 31.15 is a higher valuation than the S&P500(21), creating downside risk to the share price if results disappoint.
상승 영향
- E-commerce — The record $8.3 billion on Prime Day first day and BofA's GMV growth outlook are positive for AMZN's e-commerce revenue and indicate demand recovery.
- Third-party marketplaces — BofA's projection that third-party GMV will grow 5% to $11 billion signals expanded platform fees and partner revenue for the marketplace.
- Cloud (infrastructure) & AI services — AWS's custom AI chip strategy could reduce dependence on NVIDIA, helping attract AI workloads and improve cloud profitability and service competitiveness.
- Digital advertising — Prime Day-driven increases in traffic and sales should expand advertising demand, boosting ad revenue and targeting-based monetization.
하락 영향
- Valuation (share price risk) — AMZN's forward P/E of 31.15 is higher than the S&P500(21), so an economic slowdown or weaker-than-expected results would exert downward pressure on the stock.
- NVIDIA and GPU suppliers — AWS's expansion of its own chips could slow cloud-related revenue growth for NVIDIA and other GPU vendors, which would be negative for those suppliers.
- Custom AI chips (development risk) — As Jim Cramer has questioned, uncertainty around custom chip performance and benchmarks raises the risk of excessive development costs and poor market acceptance, increasing the chance of failure.
AI가 생성한 분석으로 투자 자문이 아닙니다.
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