Reported 1 day ago
Amazon currently boasts a market cap of $1.9 trillion and is showing strong growth potential, with a projected annual revenue increase of 11% over the next five years. Analysts suggest that if Amazon can continue its upward trajectory and achieve a forward price-to-sales ratio similar to past values, it could reach a $3 trillion market cap by 2029. Its dominance in e-commerce, cloud computing, and digital advertising positions it well for sustained growth.
Source: YAHOO