Where Will Amazon Stock Be in 1 Year?
Without the ability of a prophet, no one can know what will happen in a year. But some stocks have been around long enough and have a steady enough business to be able to make a decent guess as to where they might be a year from now. I think that last year, a lot of people could have predicted that Amazon (NASDAQ: AMZN) would be where it is today, more or less.
Regardless of the fine points about where it will be next year, one thing to be fairly confident about is that Amazon has a long growth runway, and its stock is a reliable long-term winner. With that in mind, let's see what's happening at Amazon and where it could be at this time next year.
Amazon operates many businesses today, but its core business is still e-commerce. Online store sales and third-party sales together accounted for 65% of the total in the 2024 fourth quarter, a sizable majority. This is Amazon's bread and butter, and it consistently upgrades the platform, adding new products and speeding up delivery times. It expanded its same-day delivery sites by 60% in 2024, including 140 U.S. metro areas.
Source Fool.com
