Veteran investor bullish on AMZN, citing recent rally and strong performance

From Yahoo Finance: 2025-05-15 12:19:00

Jason Snipe, of Odyssey Capital Advisors, expressed optimism about Amazon.com, Inc. (AMZN) on CNBC, citing a recent rally and strong performance. AMZN’s “blended return on retail” hit a record high of 5.4% last quarter. The company’s cloud business also showed promising results with market share growth. The stock has rallied 18% in the last month but dropped 11.5% in the last three months and 7% for 2025.

While acknowledging AMZN’s potential, some believe AI stocks offer greater returns in a shorter timeframe. An AI stock has shown significant gains in 2025 while popular AI stocks declined around 25%. For those seeking an AI stock with promising potential trading at less than 5 times earnings, check out a report on the “cheapest AI stock.” The author owns AMZN shares but has no immediate plans to trade.



Read more at Yahoo Finance: Veteran Investor Is Bullish on Amazon.com, Inc. (AMZN) Stock