Global stock markets have been under pressure as geopolitical tensions have resurfaced in the Middle East. Moreover, investors remain concerned about the sustainability of AI-driven demand and infrastructure spending. Nonetheless, those looking for attractive stock picks amid the ongoing volatility can gain key insights by tracking the recommendations of top Wall Street analysts.

These experts assign ratings after in-depth analysis of a company's fundamentals, growth opportunities, and risks. Here are three stocks favored by some of Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Amazon E-commerce and cloud computing giant Amazon (AMZN) is this week's first pick.

Heading into the company's second-quarter earnings, TD Cowen analyst John Blackledge reiterated a buy rating on AMZN stock, citing strength in the Amazon Web Services cloud unit as well as the e-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 revenue of $200.1 billion, 2% above the Street's consensus, driven by acceleration in AWS and advertising revenue.

He also expects the company's e-commerce business to reflect the shifting of Prime Day in the U.S. and other key markets to the second quarter this year, compared with third quarter of last year. In particular, Blackledge expects AWS revenue to grow 35.5% year-over-year in Q2 2026, marking an acceleration from 28.4% in the prior-year quarter and 3.4% above the Street's expectations.

The 5-star analyst expects revenue to be driven by rising generative AI workloads as the company's significant AI infrastructure spending helps to ease supply constraints. Regarding third-quarter outlook, Blackledge said, "Our rev and Op Income estimates are 0.3% and 3.2% above consensus, driven by further AWS revenue growth acceleration led by AI demand." Blackledge ranks No. 771 among more than 12,300 analysts tracked by TipRanks.

His ratings have been profitable 55% of the time, delivering an average return of 11.2%. See Amazon Ownership Structure on TipRanks. Marvell Technology Moving on to semiconductor company Marvell Technology (MRVL).

Following several meetings with management, RBC Capital analyst Srini Pajjuri reiterated a buy rating on MRVL stock with a price target of $360. "Overall, the meetings reinforced our conviction that MRVL can sustain 40%+ growth for the next 3 years, driven by strong AI demand, optical connectivity leadership, and expanding Custom pipeline," said Pajjuri. The 5-star analyst added that robust demand and limited supply are giving greater revenue visibility.

Pajjuri noted that Marvell's data center business is on track to deliver more than 50% growth this year and next. Also, the growth in the company's networking business is outpacing compute, driven by agentic AI and inferencing workloads. Meanwhile, Pajjuri noted that optical product lead times have extended to more than six months, while XPU customers are placing purchase orders 12 months in advance.