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News  ›  The Motley Fool

Is Amazon Stock Still a Buy After Hitting All-Time Highs?

The Motley Fool Logo The Motley Fool By Manali Pradhan, Cfa
Is Amazon Stock Still a Buy After Hitting All-Time Highs?

Amazon stock has reached all-time highs but analysts believe it can continue climbing. AWS cloud services are experiencing strong growth with a $200 billion backlog driven by AI infrastructure demand, while the advertising business is becoming increasingly profitable. The company plans significant capital investments in AI infrastructure, positioning it for accelerated growth despite current valuation levels.

Insights
JPMpC   positive

Set a fresh record, stock price increased 1.90%


AMZN   positive

AWS shows robust 20.2% YoY revenue growth with $200B backlog providing multiyear visibility; advertising revenue grew 22% YoY and is becoming highly profitable; company planning major AI infrastructure investments; analyst expects stock can surpass all-time highs despite current elevated valuations