Where Will Amazon Stock Be in 3 Years?
While it can be tempting to bet on flashy, smaller companies, blue chip behemoths like Amazon (NASDAQ: AMZN) might also have a place in your portfolio. The technology conglomerate is far from its days of heady top-line growth, but cost-cutting and new opportunities in artificial intelligence (AI) could still unlock significant shareholder value.
Let's dig deeper into what the next three years could have in store.
Online shopping has been a part of mainstream American life for decades, making it seem a little boring compared to other technology opportunities. That said, Amazon has exploited that market like nobody else for decades. Now, the company's e-commerce business enjoys some exciting trends that could continue to unfold over the coming years.
Source Fool.com
