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

Group 1 - Amazon.com, Inc. (NASDAQ:AMZN) is recognized as a significant player in the AI sector, contributing to Wall Street's anticipated rally [1] - Baird has reiterated a rating of "Outperform" for AMZN, highlighting the expected improvement in Amazon Web Services (AWS) growth, which is anticipated to positively influence market sentiment [1] - The company is seen as an opportunistic buy, with expectations of accelerating AWS growth in the upcoming quarters, alongside strong growth in high-margin Advertising and Services [1] Group 2 - While AMZN is acknowledged for its investment potential, there are other AI stocks that may present greater upside potential and lower downside risk [2] - A report is available that identifies an undervalued AI stock that could benefit from Trump-era tariffs and the trend of onshoring [2]