Nasdaq Sell-Off: Buy This Unstoppable Stock at a Discount

Core Viewpoint - The current market uncertainty, driven by President Trump's tariffs, has led to a sell-off, creating a buying opportunity for companies like Amazon, which is down 11% amid the market pullback [1][2]. Group 1: Amazon's Position in AI Cloud Computing - Amazon is well-positioned to benefit from the growth in artificial intelligence cloud computing, with Goldman Sachs estimating global AI cloud sales to reach $2 trillion in the next five years [4]. - Amazon holds a 31$39.8 billion in operating income in 2024, a 62% increase from the previous year [4][5]. Group 2: Performance of Core Businesses - Amazon's e-commerce business is thriving, with a 43% increase in North American operating income to $9.3 billion in the fourth quarter, holding a 40$17.3 billion in the fourth quarter, and management projecting an annual run rate of $69 billion for ad revenue this year, up from$29 billion four years ago [8]. Group 3: Valuation of Amazon's Shares - Despite a forward price-to-earnings (P/E) ratio of about 29, which is higher than the S&P 500's 22, the recent stock price pullback has made Amazon's shares more affordable compared to three months ago when the forward P/E was 45 [9][10].