I’ve made an additional investment in AMZN stock, driven by strong growth prospects highlighted by TD Cowen. The firm identifies three key 2026 drivers: accelerating AWS revenue, robust eCommerce and advertising momentum, and ongoing operating margin expansion. AWS growth is particularly compelling, expected to accelerate in 4Q25 and beyond, fueled by Core and AI workload demand and increased AI infrastructure capacity. Coupled with Amazon’s solid digital commerce and ad business, these factors suggest sustained top-line and margin improvement, reinforcing my confidence in AMZN as a strategic growth investment with both near-term catalysts and long-term upside potential.