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Posted by
Two Blokes Mon at 12:45 PM -
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Stock
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Amazon stock outperformed the S&P 500 since my January "Buy" call, rising 24.68% versus 16.5%, with recent dips offering an attractive entry point due to strong fundamentals and reduced valuation. Q1 results validated Amazon's business expansion, with sales up 8.62% YoY, EBIT up 20%, and non-GAAP EPS surging 62%, beating consensus by 16.7%, driven by AWS and cost control. Amazon Ads now contributes nearly 9% of revenue, growing 19% YoY, while AWS's 17% YoY growth and heavy AI infrastructure investment signal robust future monetization and cloud dominance.
