Amazon (AMZN) may be best-known for retail, but its biggest opportunity is more than the packages arriving at your doorstep. It now has a business that just keeps getting bigger. Amazon Web Services (AWS) is accelerating, artificial intelligence (AI) is opening up new revenue opportunities, and advertising is giving the company’s retail business another way to make money.
Accordingly, it doesn’t come as a surprise that Goldman Sachs recently put AMZN stock on its Conviction List. With several growth engines working together, Amazon has a compelling case for investors looking to capitalize on the next phase of the AI boom.
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Goldman Sachs Sees More Upside in Amazon Stock
Recently, Goldman Sachs added Amazon to its Conviction List, identifying the company as one of its preferred stock picks.
Amazon stock has climbed 14% year-to-date (YTD), currently…
https://finance.yahoo.com/markets/stocks/articles/why-time-load-amazon-stock-133002056.html
