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Where Will Amazon Be in 1 Year?

TheMotleyFool

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While Amazon (NASDAQ: AMZN) stock has shown strength of late, it has actually been one of the laggards among the "Magnificent Seven" stocks since the end of the pandemic. Amazon's stock is only about 15% higher than it was at its pandemic peak in late 2021.

However, the artificial intelligence (AI) revolution is unlocking a lot of new growth possibilities for the e-commerce and cloud giant. In fact, CEO Andy Jassy recently sent a letter to employees this month outlining how AI is transforming every aspect of Amazon's empire.

On that note, here are three exciting new growth initiatives for Amazon shareholders to look forward to over the next year.

Source Fool.com

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