I’ve made an additional investment in Amazon.com, Inc. (NASDAQ:AMZN) as the company shows strong multi-segment growth potential. Despite flat performance over the past year, shares are up 3.6% year-to-date, reflecting renewed investor interest. TD Cowen recently raised its price target to $315, citing robust growth in Amazon’s advertising business, with over 60% of customers planning increased spending. Additionally, Bernstein highlights potential expansion in Amazon Web Services and retail margins. These factors, combined with positive analyst ratings, reinforce Amazon’s long-term value proposition, making it a strategic addition to my portfolio.
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