Finding the right stocks in today’s market isn’t easy. There’s plenty of noise, and not every “hot stock” lives up to the hype. That’s why we do the digging for you—identifying stocks that aren’t just moving, but have the fundamentals and catalysts to keep climbing.
This week, we’ve got three stocks with serious upside potential. Whether it’s a turnaround play fueled by AI, a Buffett-backed behemoth with room to run, or a legacy telecom company breaking out, these names deserve your attention.
Lumen Technologies (LUMN) – An AI Infrastructure Dark Horse
Lumen Technologies was left for dead when its stock dipped below $1 in mid-2024. The company’s focus on wireline connections over wireless expansion backfired hard, with declining business wireline revenue overshadowing its growing fiber segment. But the tide has turned, and Lumen is now riding one of the most powerful trends in tech: AI infrastructure.
Major cloud players—including Microsoft, Google, and Amazon—have tapped Lumen to help upgrade their data centers with fiber-optic networks capable of handling AI’s skyrocketing bandwidth demands. These multi-year contracts have already hit a cumulative value of $8.5 billion, giving Lumen a much-needed revenue boost. CEO Kate Johnson summed it up well in a February 2025 interview: “The AI wave created an urgent need for the exact type of fiber infrastructure we’ve been building for years.”
With JP Morgan projecting that Lumen’s AI-driven revenue could surpass $2.5 billion annually by 2027, this is no short-term bounce—it’s a fundamental shift. While challenges remain, including projected revenue declines through 2027, the stock is trading at just 2x projected 2025 revenue. That’s a compelling risk-reward profile for investors willing to bet on an AI-powered turnaround.
Amazon (AMZN) – A Buffett-Backed Stock With More Room to Run
Amazon is one of those rare companies that keeps finding new ways to grow. Over the last five years, its stock has surged 150%, but there’s still plenty of upside ahead—just ask Warren Buffett. The Oracle of Omaha regretted not buying Amazon sooner and finally jumped in back in 2019. Since then, it’s been a strong performer for Berkshire Hathaway, and the next leg of its growth story is already taking shape.
Why Amazon is Still a Strong Buy:
- AI is a Major Growth Driver – From AI-powered logistics optimizing delivery times to Rufus, its AI shopping assistant, Amazon is leveraging artificial intelligence across its entire ecosystem.
- AWS is a Cash Machine – Amazon Web Services (AWS) generates $115 billion in annual revenue and is primed to capitalize on the explosive demand for AI computing power.
- E-commerce is Far From Tapped Out – Even as retail shifts post-pandemic, Amazon’s investments in same-day delivery and fulfillment are extending its dominance.
- Valuation Still Looks Attractive – Trading at 35x forward earnings, Amazon isn’t cheap, but given its growth trajectory, it’s far from overpriced.
With AI, cloud computing, and e-commerce all expanding, Amazon is positioned for another strong year in 2025 and beyond. Buffett may have been late to the party, but he’s rarely wrong about long-term winners.
Nokia (NOK) – A Legacy Player With Breakout Potential
Nokia has spent years stuck in a trading range, but things are finally getting interesting. After a long period of underperformance, the stock is showing signs of a breakout, and Wall Street is starting to take notice.
While some analysts remain cautious, key technical indicators are flashing bullish signals, and its fundamental growth story is gaining traction. JPMorgan is bullish, maintaining an Overweight rating with a $6.30 price target, while Goldman Sachs is more skeptical, setting a $3.60 target. With the stock currently trading around $4.99, it’s at an inflection point.
Why Nokia Could Break Out:
- Technical Strength – A bullish flag formation and rising 50-day moving average suggest growing momentum.
- 5G and AI Integration – Nokia has spent years refining its 5G infrastructure, but its real edge is in AI-powered networking solutions.
- Undervalued Relative to Peers – Compared to Ericsson and Qualcomm, Nokia is trading at a significant discount.
- Institutional Buying – Hedge funds and institutions have quietly been increasing their positions, often a strong sign of future upside.
While Wall Street remains split, the stock’s technical strength and exposure to AI and 5G suggest it could be setting up for a major breakout. If momentum continues, JPMorgan’s $6.30 target could be within reach—representing a 26% gain from current levels.
Now’s the time to be selective—finding the companies with staying power, real growth potential, and strong market positioning. Keep these three names on your radar.