Where Will Amazon Stock Be in 3 Years?
As the calendar gets to the end of 2024, Amazon (NASDAQ: AMZN) stock has had another banner year, up 52% year to date. It has a whole assortment of growth drivers, most notably, its heavily competitive generative artificial intelligence (AI) business. Let's see where it might be three years from now.
It's interesting to think that two years ago, AI wasn't much of a talking point for Amazon, and today, it's the main buzzword.
Amazon has used AI for years throughout its businesses to analyze data and make decisions about planning, merchandising, and fulfillment. But it's only come up as a trend with the development of generative AI over the past two years, and it's already making a giant impression on the whole company.
Source Fool.com
