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The stock closed up nearly 4% at a record $193.61, giving the e-commerce giant the fifth company to join the $2 trillion club, following tech behemoths Microsoft, Apple, Nvidia and Alphabet.
E-commerce leader Amazon (NASDAQ: AMZN) trounced the market in 2024, with its share price climbing 45% compared to the S&P 500's (SNPINDEX: ^GSPC) 24% gains (as of this writing). Meanwhile, Home ...
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
New analyst coverage is bullish on Amazon's AI business. Home & Garden. Lighter Side
Amazon's stock price has been on a robust run of late, hitting record highs in the first week of November amid a monthslong surge in the overall stock market. Despite some choppy waters in 2024,...
Today, Amazon stock trades at a price-to-sales ratio of 3.5 and a price-to-earnings ratio of 44. It has $620 billion in trailing-12-month sales, and $50 billion in trailing-12-month net income.
Revenue started to grow 100% year over year in 2020, which caused the company's stock price to rocket higher. With all that success, management decided to invest heavily in new services outside of ...
*Stock Advisor returns as of November 11, 2024 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jennifer Saibil has no ...