Wolfe Research Names Amazon Top Pick on AWS Growth Seen in Low-to-Mid 30%
Updated
Updated · Insider Monkey · May 27
Wolfe Research Names Amazon Top Pick on AWS Growth Seen in Low-to-Mid 30%
1 articles · Updated · Insider Monkey · May 27
Wolfe Research added Amazon to its top internet picks on May 15, saying faster AWS growth should lift both sales and EBITDA expectations.
Low-to-mid-30% AWS revenue growth in Q2 underpins that call, above the 31% consensus, with Wolfe citing demand from Anthropic and OpenAI, added capacity and mid-teens organic growth.
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