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Amazon Stock Looks Undervalued as AWS Growth Surges 37%

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The Story

News Summary

  • Amazon trades at an attractive 21.3x forward earnings despite stellar Q2 growth.
  • Surging AWS sales, up 37% year-over-year, alongside rising operating income and strong proprietary AI chip demand, position the tech giant for sustained outperformance.
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256.78 +13.48% over the displayed period

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