Bank of America Securities Remains Bullish on Amazon.com (AMZN)

Group 1 - Amazon.com, Inc. is a leading stock among hedge funds in 2025, with a Buy rating and a price target of $303 set by Bank of America Securities analyst Justin Post, based on its strong position in cloud computing and AI [1] - The company is reportedly investing over $10 billion in OpenAI to enhance AI workloads on AWS and strengthen AI collaboration, showcasing the capabilities of its Trainium chips [1] - Recent leadership changes, including the appointment of Peter DeSantis to oversee AGI Labs, are expected to accelerate internal model innovation and customer silicon development, leveraging his experience in scaling AWS infrastructure [2] Group 2 - Despite the potential of Amazon as an investment, there are AI stocks that may offer greater upside potential and lower downside risk, indicating a competitive landscape in the AI sector [5] - The analyst acknowledges that OpenAI's latest models may not be hosted on AWS due to a partnership with Microsoft, but sees opportunities for advertising, eCommerce, and enterprise AI partnerships with OpenAI that could enhance Amazon's ecosystem and protect its high-margin ad business [3]