Amazon: Let Your Winners Run

  • Amazon stock has continued outperforming the S&P 500 as AI hype finally catches up.
  • Amazon is investing aggressively to maintain its cloud computing leadership.
  • Microsoft may be perceived as the current AI leader. However, Amazon has the scale to catch up.
  • When it comes to winners like AMZN, let them run and don’t let go.
  • I am JR research, a seasoned investor who has led wealth management teams. I have a background in economics, and specialize in growth at a reasonable price. I run the investing group Ultimate Growth Investing.

Amazon (NASDAQ:AMZN) stock has outperformed the S&P 500 (SPX) (SPY) since my January 2024 AMZN update, as I urged investors to remain focused on the long-term prize. Notwithstanding its “expensive” valuation, AMZN has inched closer to re-testing