Amazon’s stock could soar 50%, as this analyst says investors are looking at AI spending all wrong

An analyst believes Amazon (AMZN) is heavily undervalued, potentially offering a 50% upside, arguing that current market sentiment misinterprets the impact of the company's significant AI investments. The market is seemingly penalizing AMZN for high capex, failing to recognize the long-term competitive advantage and revenue streams these AI initiatives, particularly in AWS, will generate. Investors should monitor AWS growth acceleration and the profitability of new AI services.