3 AI Stocks to Buy Now - Amazon

Artificial intelligence is definitely one of the most fascinating technologies in the world today. It's pretty clear that AI use cases span almost every industry, whether it's using machine learning to make companies more efficient, leveraging AI to improve consumer finances, or building self-driving vehicles. The global artificial intelligence market is expected to grow at an annual rate of 40.2% from 2021 to 2028, meaning it's hard not to join the companies involved in the adoption of this intriguing technology. With more and more organizations deciding to implement AI in some way, and the global pandemic fueling the industry's market growth with secular trends, investing in the stocks of businesses that are at the forefront of AI could really pay off in the next few years. That's why we've put together a list of “3 AI stocks to buy now” to help investors make the right choices.

1.Amazon

You're probably already familiar with Amazon's (NASDAQ:AMZN) e-commerce business, which has changed the way people shop and created countless opportunities for third-party sellers to generate revenue. The company uses machine learning to improve the customer experience, optimize logistics speed, and even provide product recommendations by predicting the context of its customers' search queries. Amazon also enables other businesses to leverage the latest IT infrastructure and artificial intelligence with Amazon Web Services (AWS), a fast-growing part of the company's business, which grew 37% year-on-year in the second quarter to $14.81 billion. Even the company's physical products, such as the Amazon Echo Dot and Alexa devices, are powered by artificial intelligence. The stock is currently up over 20%, according to forecasts by Marketbeat's analysts, which is another reason Amazon stocks stand out as a powerful way to invest in this fascinating technology.     3 AI Stocks to Buy Now - Amazon Source: Investing.com