Is Amazon.com (AMZN) Mason Morfit’s Top Pick?

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Amazon.com (AMZN) is Mason Morfit’s largest holding, yet recent concerns regarding its cloud growth, high capital expenditures, and competition have pushed investors to re-evaluate. An analyst downgraded Amazon’s stock and price target, citing its lack of a frontier AI lab and slower AWS growth. Despite these challenges, Amazon plans to launch a content marketplace for AI companies, countering competitive pressures.

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