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1 Analyst Says Amazon Stock Has 30% Upside. What's the Bull Case for Buying Amazon Right Now?
Source: fool.com
Company FundamentalsCorporate Guidance & OutlookTechnology & Innovation
Amazon is spending $220 billion on capital expenditures this year, and the article says the investment appears to be paying off: AWS has reached a $169 billion annualized revenue run rate. AWS revenue could reach $600 billion by 2036, though that figure is presented as a possibility.
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