Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Where Will Amazon Stock Be in 5 Years?

TheMotleyFool

0 0

Where Will Amazon Stock Be in 5 Years?: https://g.foolcdn.com/editorial/images/772519/asian-shopper.jpg

The last few months have been delightful for shareholders of Amazon (NASDAQ: AMZN). The stock is up 45% in the last six months and 22% year to date.

With a market cap of $1.93 trillion, shares recently surpassed all-time highs set in 2021 as investors become increasingly optimistic about profitability in its e-commerce operations and resurgent growth in cloud computing due to the recent boom in artificial intelligence (AI).

Amazon stock is now up 100% in the last five years. But what do the next five years look like? Can it repeat this stellar performance and double yet again? Let's take a look.

Source Fool.com

Like: 0

AMZN

Share