Two Creeks Capital Management, led by Ryan Pedlow, has significantly increased its stake in Amazon.Com, Inc. (AMZN) by adding 147,575 shares. Despite recent stock volatility and a massive capital expenditure plan, Wall Street analysts maintain “Strong Buy” ratings, citing AWS as a key growth driver. TipRanks’ AI Analyst, Spark, rates AMZN as “Neutral” due to strong financial performance tempered by weakened free cash flow conversion and a demanding valuation.
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Two Creeks Capital Management Boosts Amazon Stake by 147,575 Shares
Two Creeks Capital Management, led by Ryan Pedlow, has significantly increased its stake in Amazon.Com, Inc. (AMZN) by adding 147,575 shares. Despite recent stock volatility and a massive capital expenditure plan, Wall Street analysts maintain “Strong Buy” ratings, citing AWS as a key growth driver. TipRanks’ AI Analyst, Spark, rates AMZN as “Neutral” due to strong financial performance tempered by weakened free cash flow conversion and a demanding valuation.