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Amazon: Don't Fight AWS Momentum

  • Amazon's momentum over the surprise AWS operating profit continues to grow with the recent analyst upgrades.
  • Margin improvements and earnings forecasts don't match the excitement over the prospects of the AWS segment.
  • Investors should ride the momentum higher, despite the continued overvaluation of the stock.         
The recent Q1'15 results for Amazon (NASDAQ:AMZN) brought excitement to the market over the positive numbers from the Amazon Web Services segment. The ironic part, though, is that the better than expected numbers for AWS were offset by mixed numbers for the retail business.

Read the full article at Seeking Alpha. 

Disclaimer: No position mentioned. Please review the disclaimer page for more details. 


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