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Amazon (NASDAQ: AMZN) stock is gaining ground in Tuesday's trading. The company's share price was up 2.7% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 0.4%, and the Nasdaq Composite index ...
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.
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.
Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN) are the two largest U.S. companies by sales, in that order. However, Amazon is closing the gap and is likely to soon overtake Walmart. You might think ...
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.
A pair of behemoths in the retail space, both Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) have been strong winners in 2024. However, it's Walmart's stock that has been the bigger winner this ...
Which is the better AI stock to buy today? This legacy tech company will benefit from a rival's missteps. Keith Noonan: Dell has been posting strong growth thanks to big gains in the AI server ...
E-commerce makes up just 16% of total retailing today, compared to less than 1% when Amazon went public in 1997. That's why even a period of below-average returns shouldn't shake investors' long ...