Buy AMZN Stock At $230?

Photo by Smith Collection/Gado/Getty ImagesGetty Images Amazon.com (NASDAQ:AMZN) stock has increased by 4% this year, trailing the S&P 500’s 7% growth slightly. This modest underperformance primarily results from a mix of valuation apprehensions and the company's significant investment cycle.Having invested $53 billion into capital expenditures in 2023 and $83 billion in 2024, Amazon is now forecasting a substantial $100 billion expenditure this year, mainly aimed at enhancing its AI capabilities. While the ...