Stewart Asset Management Team at Ingalls Investment Management, LLC on Amazon.com, Inc.
Thesis
Stewart owns Amazon as one of the major hyperscalers hosting AI models and supplying computing services to the rapidly developing AI ecosystem. Amazon has been a portfolio investment for several years and represents exposure to continued growth in AI-related computing demand. Stewart views AI as a major industrial trend and believes strong underlying business growth can continue despite volatility in the shares of technology leaders.
“Alphabet and Amazon, long-standing investments of several years, and a smaller, more recently added holding in Microsoft.”