Not Microsoft. Not Google. Analysts Call This $2.7 Trillion Tech Titan the Most Undervalued AI Play. – AOL

Not Microsoft. Not Google. Analysts Call This .7 Trillion Tech Titan the Most Undervalued AI Play. – AOL

By Brett Schafer, The Motley Fool
Publication Date: 2026-10-06 16:41:00

Key Points

  • Amazon’s e-commerce business is benefiting from AI.

  • Last quarter, Amazon Web Services revenue grew 37% year over year to $42.2 billion.

Are investors overlooking obvious technology investments right in front of their faces? Stocks like Nvidia and Palantir Technologies have soared in recent years, lifting the S&P 500 index higher. However, some strong technology companies’ stocks have been relative laggards during that time.

One example is Amazon(NASDAQ: AMZN). Over the last five years, its shares are up 51%, compared with an 88% gain for the index. I think the market is massively underappreciating Amazon’s potential as an artificial intelligence (AI) winner.

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Here’s why I view Amazon as the most undervalued…