Amazon’s stock sits below its old peak, and most investors treat that gap as a warning. A closer look at what is actually driving the business suggests the market may be pricing a company that no longer exists.
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I have added to my Amazon (NASDAQ:AMZN | AMZN Price Prediction) position after every recent earnings report, and I have no plans to stop. Some investors worry the stock got expensive reaching its old highs. To me, those highs were the price of an older company. The Amazon I own today rents, designs, and sells the computing power behind artificial intelligence, and it also runs a retail and advertising business.
AWS Acceleration Keeps Pulling Me Back
Amazon Web Services is what keeps bringing me back. AWS revenue rose 37% to $42.23 billion in the second quarter, its fastest pace in 18 quarters. Growth over the last four quarters ran…
https://247wallst.com/investing/2026/09/29/amazons-former-highs-mean-nothing-in-this-new-paradigm/