Is This Rally Actually Happening? Amazon Stock Climbs More Than 20%!
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Amazon share price suddenly surged as much as 2.6% on Tuesday after one firm's surprise vote of confidence
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Bernstein analysts set $175 price target - a 21% upside - despite urging a "back to basics" approach just months ago
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The shift comes from improved profit expectations for Amazon Web Services cloud division
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Higher AWS margins could have outsized impact with 27% revenue growth vs 15% for Amazon overall
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Even after this week's pop, analysts see 21% more gains ahead for the stock
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AMZN trades at just 2x sales, historically cheap for 25% yearly revenue growth
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Core e-commerce, AWS and ads show decade-long growth runways, but many bets are more uncertain
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Fickle analyst opinions continue whipsawing Amazon stock - should investors focus on long term?
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Temporary mispricing from short-term noise may offer a rare chance to grab shares at fire sale prices
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