Amazon.com Inc. (NASDAQ:AMZN) is one the Top 10 AI Stocks in Focus on Wall Street. On February 18, Morgan Stanley reiterated the stock as “Overweight” with a $300 price target, stating that Amazon remains a top idea and AI winner. According to Morgan Stanley, Amazon’s AWS and Retail are both underappreciated GenAI winners that could drive further upside.
AMZN is Top Pick as AWS/Retail both under-appreciated GenAI winners. AWS seems set to further accelerate as capex yield framework shows how it could grow 30%+ in ’26/’27. We also discuss why AMZN is an agentic winner with leverage and why partnerships would be positive/ manageable
The firm anticipates AWS revenue growth to exceed 30%, supported by a strong backlog that reflects durable enterprise demand. However, one bottleneck for AWS growth is that it is partly constrained by data center capacity, which is why capital expenditures will be important for acceleration.
Zapp2Photo/Shutterstock.com
Beyond cloud, the…
