Will Amazon Finally Hit This Momentous Milestone in 2024?
Investors were worried about Amazon (NASDAQ: AMZN) when sales growth dipped in 2022 and the company posted its first annual loss in almost a decade. But if you followed Warren Buffett's advice to be greedy when others are fearful, your investment would be up almost 125% since the stock price bottomed out in early 2023.
Amazon is back in the market's favor now that sales growth is heating up and profitability is soaring. Even more, it has massive opportunities as it develops robust artificial intelligence (AI) services. With sales rising, Amazon could hit an important milestone this year.
Amazon is the second-largest company in the U.S. by sales, trailing only (NYSE: WMT).
Source Fool.com
Walmart Inc. Stock
€60.26
0.400%
The stock is an absolute favorite of our community with 68 Buy predictions and no Sell predictions.
With a target price of 156 € there is potential for a 158.88% increase which would mean more than doubling the current price of 60.26 € for Walmart Inc..
