Analysts Bullish on Amazon's Long-Term Growth

Investors are increasingly focused on artificial intelligence (AI) as a prime investment opportunity, with expectations of significant growth across various sectors, including healthcare and finance. Analysts believe that early investments in AI could yield substantial returns, reminiscent of early internet investments. Meanwhile, Amazon (AMZN) is also seen as a growth opportunity, particularly in consumables, which are projected to account for a significant share of e-commerce growth in the coming years. Despite a recent tech sell-off and mixed earnings reports, Amazon's stock is viewed as undervalued, presenting a potential buying opportunity for long-term investors. Analysts predict continued growth for Amazon, particularly in advertising tied to its consumables business, which could drive repeat purchases. With the tech industry valued at $8.51 trillion and growing, the interplay between AI advancements and companies like Amazon will be crucial to watch.