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Barchart
Barchart
Sushree Mohanty

Why It’s Time to Load Up on Amazon Stock

Amazon Amazon Web Services Goldman Sachs Artificial Intelligence Amazon.com Inc. Trainium

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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