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Wall Street's banner year in 2024 lifted a bunch of stocks to record highs -- including Amazon (AMZN), which hit a new high of $233 on Dec. 16, 2024. Shares of the online retail giant have since...
Amazon (NASDAQ: AMZN) ended 2024 on a high note, up 44% in 52 weeks. But more importantly, it's coming into the year with all systems go to leverage its e-commerce platform to gain market share ...
In early 2024, I made three predictions for Amazon (NASDAQ: AMZN) stock investors. Let's see how I did: Let's see how I did: I predicted that Amazon's cloud growth would reaccelerate.
But Amazon still has a long runway ahead for both growth and profit expansion. With that positive fact in mind, let's look into the factors likely to drive Amazon's stock returns over the medium term.
Another year, another huge gain for Amazon (NASDAQ: AMZN).Shares of the e-commerce and cloud services giant skyrocketed 81% in 2023. The stock is on track to finish 2024 up close to 50%.
AMZN PE Ratio data by YCharts. The cash flow ratio is also low from a historical perspective. In this view, Amazon stock felt affordable after the subprime meltdown of 2008-2009 and again as the ...