The US stock market has been off to an interesting start to the new year. Both Apple (AAPL) and Tesla (TSLA) have surprised the market with new downgrades as analysts urge investors to sell. Alternatively, some fellow top shares are looking better than ever. Chief among them is Amazon (AMZN), whose projected 82% earnings jump has it eyeing the crown as the best stock buy in early 2025.

The company has struggled to maintain its iron grip on the e-commerce sector amid Walmart’s (WMT) ascension. However, that shouldn’t deter the company from recording one of the biggest increases over the next twelve months. Even more intriguing is that the increase is a projection most Wall Street analysts appear to agree on.

Source: Reuters

Also Read: Amazon or Alphabet: Which Stock Will Join the $3T Club First?

Amazon Eyes Crown as Top Growth Stock in 2025: But How High Can AMZN Go?

Entering 2025, there were high hopes for Amazon. The company was set to be one of the biggest benefactors of the incoming presidential administration. Moreover, they were selected by TD Cowen as the top stock buy entering the new year.

Now, although a small sample size to start the year, things are looking to be going according to plan. Therefore, Amazon may be setting itself up to be the best stock buy in 2025 as it sees a notable earnings jump. Moreover, its ongoing performance could have the company set to be just the fourth to reach a market cap of more than $3 trillion.

Source: Reuters

Also Read: Amazon Stock Eyes Record 2025 as AWS Leads Market Set for $2T

According to data from Yahoo Finance, Amazon is eyeing an 82% increase in earnings this year. That isn’t all, however, as the e-commerce juggernaut is also projecting its mammoth sales to jump another 10.9% over the next twelve months. Those figures have seen three analysts revise earnings estimates upwards over the last 60 days, the report notes.

Additionally, 94% of 72 recorded analysts are holding a buy rating on the stock, according to CNN data. Of these analysts, the yearly high projection looks to be at $285, which is 28% above its current position. Moreover, the company boasts a smart score of 10, indicating it has the highest potential to outperform the market over the next year.

As the conversation always starts with Amazon, its online sales and Amazon Web Services (AWS) business are its most important. The latter is stated firmly as a leader in cloud-based computing, and that shouldn’t stop anytime soon. Although competition will increase this year, so too should Amazon’s metrics.