Amazon Poised for More Gains in 2023 Despite This Year's Rally
• The Nasdaq historically surges the year after a rebound, suggesting this year's gains will continue based on past trends.
• Stock splits often precede years of strong growth, and Amazon recently split its stock after years of gains.
• Amazon has decades of AI experience and is using the latest advancements across its businesses, contrary to claims it was slow to adopt new AI.
• Amazon offers customers leading AI technologies through AWS and its own offerings like Titan and Amazon Q.
• Despite Amazon's stock gains this year, shares still trade at a historical discount compared to sales, presenting an opportunity.