Why Amazon Stock Reminds Wedbush's Devitt of Google

Bloomberg•Thursday, October 30, 2025 at 8:49:12 PM

Wedbush analyst Scott Devitt believes Amazon is poised to replicate Google's success, particularly as Amazon Web Services is set to play a larger role in its growth. With third-quarter net sales and earnings surpassing expectations, this insight highlights the potential for Amazon to become a major player in the tech industry, much like Google did in the past. This news is significant as it suggests a promising future for Amazon's stock and its overall business strategy.

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