Amazon's stock (NASDAQ: AMZN) continues to surge following several positive occurrences. The company recently joined the '$2 Trillion Club' and projected to reach a $3 Trillion Market Cap. This impressive growth has caught the attention of analysts, leading to a slew of bullish forecasts. Their projections are based on Amazon's massive cloud computing prowess, with some considering it the best stock to buy now. A comparison between Apple and Amazon stocks sees many favoring the latter for its continuous growth. Despite the upward trajectory, some believe the growth could slow down in 2024. However, majority maintain that purchasing this stock is akin to a huge bargain 'hiding in plain sight'. A few bearish sentiments exist due to the recent sale of AMZN stocks by several firms. Even with these minor sales, many funds and investors continue to augment their holdings. Overall, there is high optimism for the tech giant's stock, with many predicting even more growth ahead.
Amazon Stocks AMZN News Analytics from Mon, 29 Apr 2024 07:00:00 GMT to Sun, 30 Jun 2024 14:55:57 GMT -
Rating 8
- Innovation 9
- Information 8
- Rumor -1
