Is Amazon Stock Still a Buy After Hitting All-Time Highs?

Amazon's all-time high isn't the ceiling. Cloud dominance and a booming ad business point to more upside ahead.Shares of Amazon (AMZN +1.62%) are hovering close to an all-time high of 254.ButseveralgrowthcatalystscanpropelAmazonstockaboveitscurrentpriceandpotentiallysurpassitsalltimehighinthecomingmonths.ImprovingdemandvisibilityAmazonscloudcomputingplatform,AWS,sawrevenuesgrow20.2254. But several growth catalysts can propel Amazon stock above its current price and potentially surpass its all-time high in the coming months.Improving demand visibilityAmazon's cloud computing platform, AWS, saw revenues grow 20.2% year over year to 33 billion in the third quarter. The rapid increase in enterprise spendi ...