{"id":421310,"date":"2026-04-28T08:03:10","date_gmt":"2026-04-28T08:03:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/421310\/"},"modified":"2026-04-28T08:03:10","modified_gmt":"2026-04-28T08:03:10","slug":"cathie-wood-is-leaning-toward-one-high-conviction-ai-stock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/421310\/","title":{"rendered":"Cathie Wood Is Leaning Toward One High-Conviction AI Stock"},"content":{"rendered":"\n

Cathie Wood<\/a>, the founder of ARK Invest, is known for spotting new tech trends early. While chipmakers like Nvidia (NVDA)<\/a> and Advanced Micro Devices (AMD)<\/a> led the AI market through 2025, Wood\u2019s latest moves suggest she is shifting her focus. She is now leaning toward massive \u201cplatform\u201d companies that can use AI to drive long-term profit. Recent filings show she has been adding heavily to Amazon (AMZN)<\/a> while cutting her stake in Advanced Micro Devices (AMD)<\/a>.<\/p>\n

Claim 55% Off TipRanks<\/a> <\/p>\n

So, what\u2019s behind this move?<\/p>\n

Amazon Stock <\/p>\n

Amazon is a global leader in e-commerce and cloud computing that has evolved into a dominant AI platform. The stock has been a standout performer this year, surging more than 15% YTD to reach an all-time high of $263.99 as of April 24, 2026<\/a>.<\/p>\n

For the second time this week, Wood increased her stake in Amazon.\u00a0After a modest purchase on Monday, Wood ramped up activity on Friday<\/a> by adding 280,450 shares, a trade worth roughly $71.5 million.<\/p>\n

The move comes just days before Amazon reports its Q1 FY26 results on April 29 after market close.\u00a0Wall Street expects Amazon\u00a0to report earnings per share (EPS) of $1.63<\/a>, reflecting 2.5% year-over-year growth. Also, revenue is projected to rise about 14% to $177.27 billion.<\/p>\n

Ahead of the report, top analysts increased their price targets for AMZN stock and reaffirmed their bullish stance on the tech giant\u2019s prospects. Recently,\u00a0Cantor Fitzgerald analyst Deepak Mathivanan<\/a>\u00a0raised his price target to $280 from $260 and maintained an Overweight rating on the stock. He expects strong AWS growth in Q1, driven by AI demand and better supply, with backlog rising on deals with OpenAI and Anthropic. However, he cautioned that higher costs could weigh on near-term profits.<\/p>\n

Wall Street has a Strong Buy consensus rating on Amazon stock based on 42 Buys and three Holds. The average\u00a0AMZN stock price target<\/a>\u00a0of $287.33 indicates 8.8% upside potential.<\/p>\n

\"\"<\/a> AMD Stock <\/p>\n

Meanwhile, AMD remains a key player in the AI boom, with the stock up 62% year-to-date<\/a>, supported by strong demand for AI chips and solid data center growth.<\/p>\n

However, Cathie Wood<\/a> has recently trimmed her position. She sold about $65.8 million worth of AMD shares on Friday, after earlier offloading around $10.5 million.<\/p>\n

The move comes after a strong run in the stock. On Friday, AMD shares surged 14% following upbeat results from Intel (INTC)<\/a>, which lifted sentiment across the chip sector<\/a>. This recent rally may have given Cathie Wood a good opportunity to take some profits ahead of AMD\u2019s earnings on May 5. Also, analysts remain constructive on the stock, pointing to solid demand in data centers and continued strength in AI-driven growth.<\/p>\n

Looking ahead, Wall Street expects\u00a0AMD to report EPS of $1.28<\/a>, reflecting a 32% year-over-year growth. Revenue is expected to come in at $9.87 billion, up 33% from the year-ago quarter. Recently, D.A. Davidson analyst\u00a0Gil Luria<\/a>\u00a0upgraded AMD to Buy from Hold, pointing to a structural rise in CPU demand and improved visibility in its data center business. He also noted that Intel\u2019s strong Q1 results suggest meaningful upside to AMD\u2019s near-term estimates.<\/p>\n

On TipRanks, AMD stock has a Moderate Buy consensus rating based on\u00a020 Buys and seven Holds assigned in the last three months. At $295.04, the\u00a0average AMD price target<\/a>\u00a0implies a 15.17% downside potential.<\/p>\n

\"\"<\/a> Which Is the Better AI Stock, According to Analysts? <\/p>\n

We used TipRanks\u2019 Comparison Tool<\/a> to see which stock analysts favor. Based on current price targets, Amazon offers about 9% upside, while AMD shows roughly 15% downside. Amazon also has a stronger \u201cStrong Buy\u201d rating versus AMD\u2019s \u201cModerate Buy,\u201d indicating analysts currently favor Amazon.<\/p>\n

Disclaimer & Disclosure<\/a>Report an Issue<\/a><\/p>\n

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