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Amazon (i) is one of the biggest winners of AI and Physical AI in the coming years, and it is now set to gain momentum in the space sector as well. By 2029, the EPS is expected to have doubled to $14. If the multiple remains the same, this alone results in a price target of $400. I even expect an expansion of the valuation. The bull case for the stock is strengthened for the following reasons: CEO Andy Jassy has impressively shown in the shareholder letter that the momentum in AWS and the chip sector is enormous. AWS is investing nearly $200...
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