Amazon Stock Projected Growth by End of 2024

Reported about 1 year ago

Amazon's stock has surged 27% this year, with optimistic projections for the rest of 2024. The company's focus on artificial intelligence (AI) and investments in AI-based startups and technologies are expected to drive growth. Amazon's strong first-quarter performance, advancements in AI, expansion of e-commerce, faster deliveries, and thriving advertising sector are key factors contributing to its upward trajectory. Forecasted EPS growth, expected AI technology advancements, increasing operating income, and high analyst ratings indicate a promising outlook for Amazon's stock by the end of 2024.

Source: YAHOO

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