Amazon Soars as AWS Growth Accelerates. Is It Too Late to Buy the Stock?

Key Points Amazon turned in strong third-quarter results, led by growth at AWS. Meanwhile, its e-commerce operations continue to see strong operating leverage. The stock looks reasonably valued with growth set to pick up. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) shares soared after its cloud computing business, Amazon Web Services (AWS), posted its strongest revenue growth since 2022. Despite the business gains, the stock is up less than 15% year to date. Let's take a closer l ...