How much has Amazon stock risen over the past year?

Amazon stock has risen 11% over the past year and 6.7% year-to-date.

What major win did AWS achieve recently?

AWS won a contract with Pinterest to provide cloud computing services, strengthening its market position.

Do analysts recommend buying Amazon stock?

The average price target for AMZN is $225, indicating a positive outlook, but Griffin has not issued an explicit buy recommendation.

Analysis: Is Amazon (AMZN) a Good Investment After 11% Annual Gain?

Billionaire Ken Griffin included Amazon (AMZN) among his top 13 stocks to invest in. The stock has risen 11% over the past year and 6.7% year-to-date, boosted by AWS growth and the Pinterest deal.

June 11, 2026

2 min read

Source: Insider Monkey

Key Numbers

annual return

11%

ytd return

6.7%

Billionaire Ken Griffin, founder of Citadel, has included Amazon.com, Inc. (NASDAQ:AMZN) in his list of the 13 best stocks to invest in. This comes as the stock has gained 11% over the past year and 6.7% year-to-date.

Recommendation Change

Griffin did not issue an explicit buy or sell rating, but including the stock in his preferred list signals a positive outlook. The stock is currently trading near its 52-week high.

Analyst Rationale

Griffin's rationale is based on the strength of eCommerce and cloud computing. AWS scored a major win earlier this month when Pinterest announced it would use AWS cloud services. This reinforces Amazon's position in the growing cloud market.

Context

Other analysts share similar optimism. The average price target for AMZN is $225, according to Bloomberg data. The stock currently trades around $200, leaving room for upside.

What We Conclude

Griffin's inclusion of Amazon reflects confidence in its long-term growth prospects, especially with AWS's continued expansion and market share gains. However, investors should consider the stock's high valuation and intense competition in the sector.

Frequently Asked Questions

Ken Griffin is an American billionaire and founder of Citadel, known for his savvy investments in technology stocks.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.