A.I., Crypto & Tech Stocks

Despite lingering fears of an AI bubble and elevated valuations dominating market chatter this week, leading Wall Street analysts remain convinced that select tech stocks boast rock-solid fundamentals and accelerating AI-driven expansion.

Drawing from TipRanks' rankings of top-performing analysts, here are three standout recommendations with compelling long-term potential.

Chipmaker Advanced Micro Devices (AMD) kicked off the earnings season with a bang, posting robust Q3 FY25 results fueled by its booming compute business and rapidly expanding AI data center segment.

Stifel analyst Ruben Roy, a 5-star performer ranked No. 20 out of over 10,100 analysts on TipRanks (71% success rate, 34.4% average return), responded by hiking his price target to $280 from $240 while maintaining a buy rating. TipRanks’ AI Analyst echoes the optimism with an “outperform” rating and a $285 target.

Roy emphasized broad-based strength across data center, AI, server, and PC segments in Q3. Management forecasts 25% year-over-year revenue growth to $9.6 billion in Q4, bolstered by data center, client, and embedded gains—despite a double-digit drop in gaming.

Near-term momentum stems more from surging server CPU demand and client CPU market share gains than AI GPUs alone. Roy now sees AMD's data center AI GPU revenue hitting $6–6.5 billion in FY25 (up from $5 billion prior).

Longer-term catalysts include upcoming MI400/450 series GPU production, the Helios rack system in 2026, and fresh deals with OpenAI and Oracle Cloud Infrastructure. Investors await more roadmap details at AMD's Analyst Day on November 11. View AMD Statistics on TipRanks.

Google and YouTube parent Alphabet (GOOGL) shattered records in Q3, becoming the first quarter to surpass $100 billion in revenue, with AI supercharging its cloud division.

JPMorgan's Doug Anmuth, ranked No. 113 on TipRanks (63% success rate, 22% average return), boosted his price target to $340 from $300 and kept a buy rating. TipRanks’ AI Analyst sets a $316 target with an “outperform” call.

Double-digit growth spanned every core business, but Anmuth spotlighted AI's role in accelerating query volumes and paid clicks. Early data shows Google’s AI Overviews (AIO) and AI Mode (AIM) features lifting conversion rates, flipping the narrative on AI search risks.

“Overall, the AI search transition has been viewed as the greatest risk to Google, but additional signs that AI search is more opportunity than threat will continue to flip the narrative,” Anmuth noted.

Google Cloud's backlog soared to $155 billion (excluding new Anthropic partnership gains, signaling Q4 upside). Alphabet remains Anmuth's No. 2 top idea, trailing only Amazon. View Alphabet Ownership Structure on TipRanks.

E-commerce and cloud leader Amazon (AMZN) delivered upbeat Q3 results, with Amazon Web Services (AWS) growth reaccelerating—validating its AI pivot.

Mizuho's Lloyd Walmsley, a 5-star analyst ranked No. 103 on TipRanks (64% success rate, 27.5% average return), lifted his price target to $315 from $300 and reiterated a buy. TipRanks’ AI Analyst assigns an “outperform” rating with a $276 target.

The OpenAI deal, Q3 beat, and Trainium chip momentum spurred Walmsley's upgrade. He projects AWS revenue growth climbing from 20% in Q3 to 21% in Q4 2025, 22% in Q1 2026, then 23% to $157 billion in 2026 and 22% to $192 billion in 2027—topping consensus $154 billion and $185 billion.

“We believe investors continue to rotate into AMZN shares given a valuation well below its historic ranges and positive news likely to continue into the AWS ReInvent Conference in early December,” Walmsley said.

Retail margins are expanding via fulfillment automation and logistics upgrades. View Amazon Insider Trading Activity on TipRanks.

👩🏽‍⚖️ Legal Stuff
Nothing in this newsletter is financial advice. Always do your own research and think for yourself.