Amazon is a top AI stock due to strong performance of Amazon Web Services

From Nasdaq: 2025-01-25 10:15:00

Amazon’s operating income is fueled by Amazon Web Services, which accounts for 60% of total operating income over the past year, making it a top AI stock to own. With a $100 billion investment in 200 data centers globally, AWS is set to dominate the data services market. Operating cash flow hit $113 billion in the last 12 months, with surging sales in AWS driving growth. Despite high market valuations, Amazon’s stock price remains reasonable, making it a great long-term investment for AI-driven demand and cash flow generation.



Read more at Nasdaq: 3 Reasons Amazon Is 1 of the Best Artificial Intelligence (AI) Stocks to Buy Right Now