Amazon AMZN

5 Reasons Amazon Is Still the Alpha in Tech Stocks

The Seattle-based company’s high-growth segments—from AWS cloud services and digital advertising to ambitious ventures like Project Kuiper's satellite internet—fuel steady expansion.

Backed by cutting-edge investments in artificial intelligence and robotics, Amazon drives operational efficiency and unlocks new profit opportunities. Here are five factors to consider:

Read Next: These Are The 3 Hottest Stock Market Themes Trending Now

Amazon's three most recent analyst ratings from JPMorgan, Bank of America Securities and Tigress Financial have an average price target of $264.33, representing potential upside of 21.9% from current levels. 

Price Action: According to data from Benzinga Pro, Amazon shares have gained more than 11% over the past month. 

Read Next: 

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.