Buy Calls Intensify for Amazon as Stock Climbs 20% YTD on AI, AWS Surge
Amazon stock draws fresh buy endorsements on May 10, up 19.7% YTD through May 7 and nearly 27% from April 7, fueled by accelerating AWS growth to 28% and $70B TTM ads. The rally ignited post-May 3 Q1 results with 17% revenue growth to $213.4B and AWS at $35.6B ($150B run-rate), despite 95% FCF drop to $1.2B from $200B 2026 AI capex. Milestones include Big Money inflows (+31.9% monthly), Supply Chain Services launch, Cramer's bullish takes, and May 9's 7 buy reasons citing triple-digit AI revenue and $20B chips run-rate, pushing shares near all-time highs with $305+ targets.