Amazon (NASDAQ: AMZN) shares broke out to new all-time highs following its strong first-quarter earnings report, although the stock was unable to keep its gains. Its shares are up about 40% over the past year, as of this writing. However, I believe Amazon is still in the early stages of its overall rally and predict it has a lot of upside ahead, both this year and in the coming years.
Let’s take a closer look at its Q1 2026 results and why I think the stock is still a great buy.
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Cloud growth continues to accelerate
The big three cloud computing companies — Amazon, Microsoft and Alphabet — all reported their earnings on the same day (after the bell on April 29). The one clear message all three sent is that demand is booming due to artificial…
https://finance.yahoo.com/markets/stocks/articles/prediction-amazon-stock-still-buy-152000101.html
