Amazon, Palantir and 12 more top tech stock picks from UBS analysts

UBS analysts have highlighted Amazon, Palantir and twelve other technology names as preferred picks, framing the call around one central idea: the AI data-center buildout is still in its early stages. Rather than concentrating on a single corner of the market, the bank points to opportunities spread across the technology, media and telecommunications sectors, suggesting the spending wave reaches beyond chipmakers alone.

The logic is straightforward. Building and operating AI infrastructure requires compute hardware, networking, power, software and services — demand that can lift a broad set of companies, not just the most visible ones. For investors, that breadth matters, because it shapes how portfolios might capture the theme without relying on one narrow segment.

What to watch: whether capital expenditure plans from major cloud providers keep expanding, and whether that spending converts into reported revenue for suppliers and software vendors. Also worth monitoring is how valuations respond if growth expectations shift. UBS's list is a research view, not a recommendation, and the sector's sensitivity to earnings and rate expectations remains a key variable.