1. Amazon's digital advertising and AWS services grew by 19% in Q3. 2. Strong margin expansion in AWS contributes significantly to operating margins. 3. Analyst maintains a 'Strong Buy' with a $258 price target for AMZN shares.
FAQ
Why Bullish?
Strong growth in digital ad and AWS sectors indicates rising profitability, similar to past surges.
How important is it?
The article reflects Amazon's positive financial health and growth prospects, crucial for investors.
Why Long Term?
Sustained growth across services suggests ongoing positive influence on AMZN's valuation.