Where Will Amazon Stock Be in 5 Years?
Amazon (NASDAQ: AMZN) ended 2024 on a high note, up 44% in 52 weeks. But more importantly, it's coming into the year with all systems go to leverage its e-commerce platform to gain market share and harness the power of artificial intelligence (AI) to supercharge its cloud platform.
2025 is starting off strong, but you should buy stocks that have long-term potential. Let's see where Amazon might be five years from now.
Amazon has been steadily gaining market share in e-commerce over the past few years, and eMarketer expects it to have surpassed 40% of total U.S. e-commerce sales in 2024. It got a lot of competition from smaller companies that went online early in the pandemic, but it has improved its logistics networks and done a lot of other things to reinforce its top position and expand its lead.
Source Fool.com
