Not Microsoft. Not Google. Analysts Call This $2.7 Trillion Tech Titan the Most Undervalued AI Play.
Amazon's cloud growth should lead to massive profit expansion.
Overview
Are investors overlooking obvious technology investments right in front of their faces? Stocks like Nvidia and Palantir Technologies have soared in recent years, lifting the S&P 500 index higher. However, some strong technology companies' stocks have been relative laggards during that time.
One example is Amazon (NASDAQ: AMZN). Over the last five years, its shares are up 51%, compared with an 88% gain for the index. I think the market is massively underappreciating Amazon's potential as an artificial intelligence (AI) winner.
Details
Here's why I view Amazon as the most undervalued AI play for your portfolio in 2027 and beyond.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.