$Amazon (AMZN.US)$ has the potential to exceed analyst expec...

$Amazon(AMZN.US)$ has the potential to exceed analyst expectations in the 1st half of 2023 through a series of beat and raise quarters which could lead to price target increases. AMZN is going to be a low-margin business, but it needs all of its sectors to be profitable for the stock to rebound. I am bullish on AMZN because the market is discounting how impactful the easing macro will be on overall operating expenses over the next six months. Suppose inflation continues to decline and commodity prices stay around these levels or also decline. In that case, AMZN could see a dramatic increase in their earnings from operations, which would lead to a more attractive forward P/E. AMZN is also tightening its belt in payroll, which will positively impact its margins. AMZN has the revenue and forward top-line growth momentum. Now it's a margin game, and I feel AMZN will surprise everyone going forward.