Prediction: Amazon Will Outperform the S&P 500
The goal of many investors is to beat the market, which is typically represented by the S&P 500 index. To do that, you need to find stocks that will outperform the S 500.
One stock I think is well positioned to do that this year is Amazon (NASDAQ: AMZN). The stock has been a laggard the past few years but has recently started to regain its momentum. Let's look at the reasons why the stock looks poised to be an outperformer this year.
One of the big knocks on Amazon has been that its two big cloud computing competitors, Microsoft and , have seen much faster cloud revenue growth. This is true, but Amazon has the larger base, and now revenue at Amazon Web Services (AWS) is starting to accelerate.
Source Fool.com
Alphabet Inc. A Stock
€308.80
6.790%
The stock is one of the favorites of our community with 165 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 8.16% compared to the current price of 308.8 € for Alphabet Inc. A.
