Tariff Turmoil: One Artificial Intelligence (AI) Stock Down 26% to Buy Hand Over Fist Right Now
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The world is changing. After decades of a steady relationship -- albeit occasionally testy -- between China and the United States, a massive trade war has erupted. Investors are scared about what it means for consumer spending, inflation, and stocks in their portfolios.
One company in the middle of this trade war is Amazon (NASDAQ: AMZN). The online retailer and its millions of sellers ship tons of goods from China every year. That connection may be ending. It is no surprise then to see Amazon stock down 26% from all-time highs.
Amazon could indeed see some disruption from the China tariffs, but for those focused on the long term, this looks like a supreme buying opportunity for an artificial intelligence (AI) winner. Here's why investors should buy the stock hand over fist right now.