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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...
Shares of Amazon (NASDAQ: AMZN) were up 44% in 2024, handily outpacing the 23% return for the S&P 500. Over the last 20 years, Amazon stock has dropped 25% or more many times. For Amazon ...
Amazon stock beat the market in 2024, and it's well positioned to do it again this year. Even though it's already made millionaires, this company still has incredible growth prospects.
Amazon stock handily topped the S&P 500 and Nasdaq Composite over the last year, but even more gains could be in store thanks to the ongoing AI revolution.
While Amazon stock has risen roughly 17.5% across this year's trading, the S&P 500 index has delivered a dividend-adjusted total return of 19.5% as of this writing.
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.
In the three quarters reported thus far in 2024, revenue for Amazon Web Services (AWS) has increased 18% year over year, including 19% growth in Q3. That's up from 13% growth in 2023, so I'll put ...
At the low end of this range, that would be the lowest year-over-year quarterly revenue growth in Amazon's history. There are 100 billion reasons to buy Amazon stock hand over fist right now, in ...
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