Jefferies Sees Amazon (AMZN) Well-Positioned for AI Inference and Production Workloads

Amazon Inc. (NASDAQ:AMZN) is among the best software infrastructure stocks to buy according to hedge funds. On January 5, Jefferies hiked the stock price target from $275 to $300 and reiterated its Buy rating. The firm acknowledged that Amazon’s shares have underperformed in 2025, partly due to negative investor sentiment stemming from a perceived lag in AI development relative to peers such as Microsoft and Google. However, the firm believes Amazon is in a very strong position, with a large-scale cloud c ...