BMO Capital Raises AWS (AMZN) Growth Forecast as AI Demand and Claude Adoption Intensify

Group 1 - Amazon.com Inc. is identified as one of the best growth stocks to buy in 2026, with BMO Capital raising its price target to $304 from $300 and maintaining an Outperform rating [1] - BMO Capital has increased its assumed AWS growth rate from 23% to 24% due to intensifying cloud commitments and a shift towards the Claude model among developers [1] - Amazon announced a $35 billion investment in India to be deployed through 2030, increasing its total planned commitment in the market to $75 billion [2] Group 2 - Amazon's operations have digitized 12 million small businesses and enabled $20 billion in cumulative e-commerce exports, with a goal to quadruple its export impact to $80 billion by 2030 [3] - The company aims to bring AI benefits to 15 million small businesses and support 3.8 million jobs by 2030, including the creation of 1 million new opportunities [3] - Amazon is launching tools like Seller Assistant and Next Gen Selling, while enhancing customer experiences through Lens AI and the conversational assistant Rufus [3]