Why Amazon Stock Reminds Wedbush's Devitt of Google

Financial Performance - Amazon had its cleanest quarter in some time [1] - Amazon moderately beat on revenue after adjusting for one-time item normalizations in operating income [2] - The most important line item was the 20% AWP growth [2] Growth Trajectory - There's an upward trajectory in terms of growth rate going into 2026 [3] - AWP growth will start getting a bigger contribution from entropic in the depressed business [2] Market Outlook - Amazon is possibly on the verge of becoming the next Google trade that happened in 2025 [3] - The stock has been held back, multiples compressed, and the company is at the beginning of an acceleration in the core business [3]