Is Amazon.com Inc. (AMZN) One of the Best Stocks to Invest in, According to Billionaire D.E. Shaw

Core Insights - Amazon.com Inc. is highlighted as a top investment opportunity by billionaire D.E. Shaw, with Oppenheimer raising its price target from $245 to $290 while maintaining an Outperform rating after strong quarterly results [1][2] Financial Performance - Amazon reported earnings per share of $1.95, exceeding the estimate of $1.56, and revenue increased by 13% to $180.2 billion, surpassing forecasts [3] - AWS sales grew by 20% to $33 billion, marking the fastest growth since 2022, driven by increased AI usage, compared to a 17.5% growth in the previous quarter [3] Business Segments - Amazon operates a diversified business model that includes e-commerce, cloud computing, digital streaming, artificial intelligence, and healthcare through Amazon One Medical, which offers virtual and in-person primary care [4]