Amazon.com, Inc.

AMZN position long Alex Sacerdote

Thesis

Amazon is positioned to dominate both e-commerce and the public cloud, with significant growth potential as global companies increasingly adopt AWS. The FAA's recent $100 million annual deal with Amazon highlights the scale of opportunity, suggesting that AWS could capture a majority of global IT budgets over time.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the thesis highlights Amazon's potential in e-commerce and AWS, we cannot determine if these factors have positively impacted the stock or if the anticipated growth has materialized. Therefore, the outcome remains uncertain.

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