Amazon Positioned for Continued Growth Despite Recent Stock Surge
• AMZN stock has seen strong growth lately (77% increase in past year) but still has unpriced positives and growth potential • Management believes generative AI could bring in tens of billions in revenue for Amazon's AWS cloud platform • Amazon is increasing use of AI across ecommerce, digital ads, and other business units beyond AWS • New partnership with Eli Lilly signals potential for disrupting pharmacy industry • Strong projected earnings growth (+43.5% in 2023, +29.5% in 2025) supports continued strong returns