Reported 1 day ago
Billionaire investors Warren Buffett and Bill Ackman have both recently shown their support for Amazon, incorporating it into their portfolios alongside major AI investments. Amazon's diverse business model, spanning e-commerce and cloud computing, combined with significant investments in AI technologies, positions it as a strong contender for future growth in the AI sector. While the stock may not offer a bargain price currently, its potential to thrive under various economic conditions makes it an attractive option for long-term investors.
Source: YAHOO