Analyst on Amazon (AMZN): 'AWS Will Accelerate'

We recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Amazon.com Inc (NASDAQ:AMZN) is one of the stocks that Wall Street analysts are discussing these days.

Jason Snipe, the Founder and Chief Investment Officer of Odyssey Capital Advisors, said in a recent program on CNBC that he likes Amazon.com Inc (NASDAQ:AMZN) because of its Cloud business.

“Amazon. I think AWS will reacelerate this quarter.”

Photo by Austin Distel on Unsplash Amazon offers an opportunity to bet on the lucrative AI and Cloud market as well as the behemoth e-commerce market. Amazon is expected to grow revenues by around 10% annually over the next four years, while EPS is projected to rise more than 18% over the next five years. However, there are concerns about AWS growth and rising competition from Oracle and Microsoft, which resulted in the stock's weak performance over the past few months.  

Mairs & Power Balanced Fund stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its second quarter 2025 investor letter:

“The Fund also started a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, where the company is well positioned to continue capturing market share in retail while also growing its market leading cloud business. The Fund took advantage of weakness in the stock during April to start the position as tariff news and a precipitous market decline provided an opportunity to build a position.”

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.