Key Takeaways Amazon is a Zacks Rank #1 (Strong Buy) heading into Q3 earnings on Oct. 30.The AI hyperscaler trades 20% below its Zacks price target, and its growth outlook is strong.AMZN appears poised for a breakout, given its stellar valuation and AI initiatives. Artificial intelligence stocks have driven the 2025 stock market boom. Wall Street bulls pushed the Nasdaq and S&P 500 to new all-time highs on Friday.Stocks are trading at records as the third-quarter earnings season for AI, big tech, and the ov ...