Global stock markets were under pressure as political tensions resurfaced in the Middle East. In addition, investors are still concerned about the sustainability of AI-driven demand and infrastructure use.
However, those looking to pick attractive stocks amid ongoing volatility can gain valuable insights by following the recommendations of top Wall Street analysts. These experts assign ratings after an in-depth analysis of a company’s fundamentals, growth opportunities, and risks.
Here are three stocks that some of Wall Street’s top experts love, according to TipRanks, a platform that ranks analysts based on their past performance.
Amazon
IE-commerce and cloud computing giant Amazon (AMZN) is this week’s first pick. Going into the company’s second-quarter earnings, TD Cowen analyst John Blackledge reiterated a buy rating on AMZN stock, citing the strength of Amazon Web Services’ cloud unit and commerce and advertising businesses. The analyst lowered his price target on AMZN stock to $340 from $350 as he revised his estimates and slightly raised his capex projections.
Specifically, Blackledge expects Amazon to report $200.1 billion in revenue, 2% above the Street deal, driven by acceleration in AWS and advertising revenue. He also expects the company’s e-commerce business to show a shift from Prime Day in the US and other key markets to the second quarter this year, compared to the third quarter last year.
Specifically, Blackledge expects AWS revenue to grow 35.5% year-on-year in Q2 2026, marking a faster pace from 28.4% in the prior-year quarter and 3.4% above street expectations. The 5-star analyst expects revenue to be driven by an increase in AI workloads generated as the company’s significant use of AI infrastructure helps ease supply constraints.
Regarding the third quarter outlook, Blackledge said, “Our rev and Op Income estimates are 0.3% and 3.2% above consensus, driven by accelerated AWS revenue growth led by AI demand.”
Blackledge is ranked No. 771 among more than 12,300 analysts tracked by TipRanks. His estimates were profitable 55% of the time, yielding an average return of 11.2%. See Amazon Ownership Structure on TipRanks.
Marvell Technology
Moving on to a semiconductor company Marvell Technology (MRVL). After several meetings with management, RBC Capital analyst Srini Pajjuri reiterated a buy rating on MRVL stock with a target price of $360.
“Overall, the meetings reinforced our belief that MRVL can grow by 40%+ over the next three years, driven by strong demand for AI, virtual communications leadership, and an expanding Custom pipeline,” Pajjuri said.
The 5-star analyst added that strong demand and limited supply provide greater revenue visibility. Pajjuri noted that Marvell’s data center business is poised to deliver more than 50% growth this year and next. Also, the growth of the company’s network business is beyond computing, driven by agent AI and workload reduction.
At the time, Pajjuri noted that optical product lead times extended to more than six months, while XPU customers placed purchase orders 12 months in advance. While the analyst keeps his estimates unchanged, he sees the possibility of an increase in the second half of 2026 in the Optical business, with the potential for significant increases in estimates for 2027 and 2028.
In addition, Pajjuri noted that Marvell’s overall offering appears to be a growth driver for the year 2027, and rising networks are expected to bring a viable market worth billions of dollars to the green space. Also, management is happy with Marvell’s custom business, the company is looking at more than $10 billion in revenue by 2028, driven by existing plans with AWS and Amazon. Microsoft and multiple XPU attached wins.
Pajjuri is ranked #88 out of more than 12,300 analysts tracked by TipRanks. His predictions were successful 75% of the time, yielding an average return of 51.5%. See Marvell Options Career on TipRanks.
Advanced Micro Devices
A chip maker Advanced Micro Devices (AMD) is scheduled to announce its second quarter earnings on Aug. 4. Stocks have seen strong year-to-date jumps due to demand for the company’s AI GPUs and server CPUs.
Ahead of second-quarter earnings, Wells Fargo analyst Aaron Rakers reaffirmed a buy rating on AMD stock and raised his price target to $615 from $505, citing “increasing focus on a path to +$20/sh. EPS in CY28.” The analyst expects AMD to regain confidence in the MI450 series and the Helios ramp starting in the third quarter of 2026.
The 5-star analyst raised his estimates for AMD server CPU revenue to $16.0 billion (up 68% year-over-year), $20.5 billion (up 28%), and $25.0 billion (up 22%) in 2026, 2027, 2028, respectively. Rakers noted that last quarter, AMD increased its server CPU total accountable market estimates to $120 billion by 2030, representing a compound annual growth rate of more than 35%.
Rakers expects AMD to comment on further increases in server CPU demand from its first quarter results. He sees the upside being driven by demand for agentic AI, cloud demand, and traditional business development. In this regard, the analyst pointed out that Micron recently increased its 2026 server shipment guidance. Also, the checks show the progress of the average sales price.
Meanwhile, Rakers’ data center GPU estimates remain above consensus at $15.6 billion, $40.6 billion, and $63.0 billion in 2026, 2027, and 2028, respectively, while consumer and gaming business estimates are below Street’s consensus. Overall, analyst projects EPS of $7.15, $13.40, and $18.75 in 2026, 2027, and 2028, respectively.
Rakers is ranked #5 among more than 12,300 analysts tracked by TipRanks. His predictions were successful 73% of the time, yielding an average return of 56.8%. See AMD Insider Trading Activity on TipRanks.
