Amazon Expects AWS Annual Revenue to Hit $600 Billion in 10 Years. The Stock Looks Like a Dirt Cheap Buy

One tech company that has a lot of room to grow due to artificial intelligence (AI) is Amazon (NASDAQ: AMZN). The tech giant has been involved in AI for years, long before it was a big buzz term on the markets. The company’s warehouses have been utilizing AI and robotics to efficiently ship packages, and its online marketplace has utilized next-gen technologies in predicting what a shopper may want to buy next.

Amazon is no stranger to AI, and a huge opportunity it has these days relates to its highly popular cloud platform, Amazon Web Services (AWS). Management recently raised its guidance for just how big that business might be in the future, and it highlights just how terrific a growth stock Amazon is right now.

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

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