Like Google, Amazon is being re evaluated not just as a retailer but as an AI infrastructure play. Analysts at Jefferies and Barclays have already set USD 300 price targets, citing AWS re-acceleration and the efficiency of in-house AI chips.
Earnings Outlook: For the April earnings, TD Cowen predicts revenue & operating income to exceed consensus due to accelerating AWS growth.
If Amazon meets these projections and its forward P/E expands to the mid 30s, AMZN could climb toward USD 312.
I believe that Amazon is the most undervalued of the Magnificent 7. Its valuation is at its lowest point in nearly 2 decades.
It is time to start buying Amazon.
@Tiger_SG @Tiger_comments @TigerStars @TigerClub @CaptainTiger
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- neo26000Β·04-22TOPSometimes we have to go through Straits of Hormuz in order to appreciate fertilizer shipments [Sly]3Report
- Adz5150Β·05:51TOPPossible, but Iβd want to see the market keep rewarding AWS reacceleration without turning capex into the main risk again. Strong quarter alone might not settle that debate.1Report
- icycrystalΒ·04-24TOPthanks for sharing2Report