Amazon.com, Inc. is a multinational technology company, which engages in providing online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores. The International segment focuses on the amounts earned from retail sales of consumer products including from sellers and subscriptions through internationally focused online stores. The AWS segment includes global sales of computer, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. 

Two main reasons we're bullish on Amazon:

Price Target: In 2025, Amazon is estimated to earn $5.86/share, a 27.7% growth compared to 2024. Applying a reasonable 1.5x PEG ratio (large-cap growth), we can look for a 42x multiple, which places our price target at $246/share for Amazon.