TipRanks covers the latest market activity on over 5,000 stocks from eight different sectors. Here we focus in on three particularly interesting stocks. These are stocks that have the power to disrupt- and have significant backing from the Street. All these stocks have a ‘Strong Buy’ rating from the best-performing analysts- and big upside potential from the current share price. Indeed, Amazon (Nasdaq:AMZN) recently caused shock-waves with its snap takeover of retail store Whole Foods. Now, according to CNBC, the company is in preliminary talks about entering the lucrative drug purchasing market. But AMZN is just one of the stocks we cover- so let’s take a closer look at all three stocks now:

Amazon 

This is arguably the Street’s number 1 stock right now and the ultimate disruptor of various industries. In the last three months the stock has received an incredible 32 buy ratings and just 1 hold rating. The average analyst price target of $1,271 suggests upside potential of 9.4%. Bear in mind that in just three months, AMZN has already spiked from $965 to the current share price of $1,162.

Last week, Amazon held its much-hyped cloud conference AWS re:Invent 2017 in Las Vegas. The company unveiled a whole host of new AI-based products- including Amazon Translate, a service for translating text from one language into another. Andy Jassy, the leader of Amazon Web Services, also highlighted how AWS is crushing its rivals in its breadth and depth of services.

Following the five-day event, analysts quickly ramped up their price targets. Top Wells Fargo analyst Ken Sena boosted his price target from $1,430 to $1,525. The new price target indicates 31% upside and is the stock’s highest price target yet. He highlighted three key reasons to be bullish on AMZN right now: 1) the ‘very successful’ AWS event 2) ‘record breaking’ holiday sales data; and 3) the increasing likelihood that Amazon “ultimately becomes a disruptor” in healthcare via the generic pharmaceutical business.