Analyst Says Wall Street’s CapEx Expectations For Amazon(AMZN) ‘Unbelievable’

Group 1 - Amazon's capital expenditures (CapEx) are expected to continue rising, with current analyst expectations deemed too low compared to peers like Meta [1][2] - Analysts predict that Amazon's CapEx growth will be in the high single digits, which is significantly lower than the expected 30-40% growth for Meta [2] - Mairs & Power Balanced Fund initiated a new position in Amazon, citing its strong market position in retail and cloud services, taking advantage of stock weakness in April [3] Group 2 - The Fund believes that while Amazon has potential, some AI stocks may offer higher returns with limited downside risk [3]