Top Retail Stock to Hold for a Decade

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Key Points

  • Amazon’s Rufus AI shopping assistant is projected to generate $10 billion in incremental annualized sales.

  • Analysts expect Amazon’s free cash flow to rise from $38 billion in 2024 to $141 billion by 2029.

  • Amazon’s total revenue stood at $691 billion.

Amazon (NASDAQ: AMZN) is leveraging artificial intelligence to enhance its e-commerce operations. The Rufus shopping assistant is already showing results, contributing an estimated $10 billion to annual sales. Experts anticipate a significant increase in the company’s free cash flow, reaching $141 billion by 2029, which reflects the expected impact of AI enhancements on revenue and profitability.

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