Top Wall Street analysts see strong growth potential in these 3 stocks

Tensions in the Middle East due to the U.S.-Iran war and elevated oil prices continued to impact the stock market this week. Investors with a long-term investment horizon should look beyond near-term challenges and capitalize on the ongoing volatility to pick stocks trading at attractive valuations.

Tracking top Wall Street analysts can help investors gain key insights, as these experts assign ratings after thoroughly analyzing a company’s fundamentals and the macro and micro factors impacting its performance.

Here are three stocks favored by some of Wall Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.

Amazon

We start this week with e-commerce and cloud computing giant Amazon (AMZN). Recently, J.P.Morgan analyst Doug Anmuth reiterated a buy rating on AMZN stock and raised his price target to $280 from $265, saying it “remains a best idea.”

The 5-star analyst revised his estimates to reflect solid demand and capacity expansion in the Amazon Web Services (AWS) cloud unit. In contrast, less favorable changes in forex, increased fuel prices, international growth initiatives, and incremental costs related to the accelerated launch of Amazon Leo adversely impacted the estimates.

Specifically, Anmuth now projects AWS growth of 29%, 30%, 29%, and 28% for Q1, Q2, Q3, and Q4 2026, respectively, followed by 26% growth in 2027. The analyst attributed his improved estimates to traditional workloads moving to the cloud and increased AI adoption. Anmuth also noted that AWS expanded its partnership with ChatGPT maker OpenAI to a $138 billion deal spanning eight years. He expects the AWS backlog to increase by $100 billion quarter-over-quarter in Q1 2026.

Overall, Anmuth highlighted improving demand trends as Amazon catches up in the AI race. While higher fuel prices and international growth investments are expected to weigh on near-term operating income, the analyst is optimistic about AMZN’s medium-term margin expansion, driven by North America inventory optimization efforts, same-day delivery, accelerated robotics and automation deployment, and ad business.

Anmuth ranks No. 352 among more than 12,100 analysts tracked by TipRanks. His ratings have been profitable 57% of the time, delivering an average return of 15.3%. See Amazon Stock Buybacks on TipRanks. 

SanDisk

Moving on to flash memory maker SanDisk (SNDK), which is gaining from robust AI-led demand for its products. Following meetings with the company’s CFO Luis Visoso and other executives, Bank of America analyst Wamsi Mohan reaffirmed a buy rating on SNDK stock with a price target of $900, citing “secular opportunity as AI inference makes NAND more indispensable.”

Mohan said that he is now more confident about the sustainability of NAND demand, given robust requirement of hyperscalers and AI inference. Interestingly, the analyst noted that SanDisk and its customers are keen on signing long-term supply agreements under a new business model that…