AWS Clears OCC Security Review as BMO Raises Amazon (AMZN) PT to $304

Amazon.com, Inc. (NASDAQ:AMZN) is one of the must-buy AI stocks to put in. On December 22, Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), announced that the Options Clearing Corporation (OCC) had successfully completed a broad information appraisal of its AWS unreality environment. OCC is the world’s largest equity derivatives clearing organization. AWS stated that the appraisal was an OCC-AWS partnership, and that it evaluated OCC’s unreality information controls against cardinal regulatory and manufacture frameworks, including the NIST Cybersecurity Framework (CSF) and Regulation Systems Compliance and Integrity (Reg SCI).

According to AWS, the assessment’s findings confirmed that OCC’s controls aligned with regulatory requirements. They besides helped reenforce its wide information posture by integrating starring manufacture standards and AWS-specific champion practices.

Separately, connected December 16, BMO Capital raised its terms people for Amazon shares to $304 from $300. The steadfast kept the Outperform standing connected the banal unchanged, and continues to presumption Amazon arsenic a “Top Pick” successful its coverage.

The accommodation came aft BMO’s unreality experts spoke with erstwhile AWS employees, including 1 with penetration into implicit $4.7 cardinal successful yearly unreality spending. According to BMO, these discussions revealed affirmative trends successful AWS, which prompted the steadfast to summation its maturation forecast for AWS successful the archetypal 4th of 2026 to 24% from 23%.

Amazon.com, Inc. (NASDAQ:AMZN) is simply a planetary e-commerce and unreality computing giant. The company’s AWS level provides instrumentality learning tools, generative AI services, and customized chips specified arsenic Trainium and Inferentia to powerfulness AI workloads.

While we admit the imaginable of AMZN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.