Reading Time: 2 minutes
I am bullish on Amazon (i) and expect the stock to reach a price level of $400 by the end of the decade. I see several reasons for this, such as: 1. A booming AWS business that is growing through AI inference. 2. More robots taking over warehouses and coming into play for last-mile deliveries, which increases margins. 3. Amazon Leo is being built as a rival to Starlink, which can also connect the AWS infrastructure. 4. With its own Trainium and Graviton chips, Amazon can immediately establish a $50 billion business in sales to third parties. The...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
