“Amazon: $2 Trillion Reached - More To Come”.
I bought $Amazon.com(AMZN)$ calls strike on August few days ago，and bought $Amazon.com(AMZN)$ shares on Thursday.
$Amazon.com(AMZN)$ rosed up by 2.19% show an 3-year rang break out.
The $190-$191 range has now become a crucial support zone to monitor for any short-term dips. To maintain the bullish sentiment, this area must hold.
1.An Analyst from seeking alpha stated that “Amazon: $2 Trillion Reached - More To Come”.
For sure it sounds reasonable.
Fundamentaly, $Amazon.com(AMZN)$ struggled to profit in 2022, contributing to its falling share price. Its net profit has been above 6% in the last few quarters. Maintaining a healthy profit will be key to more growth in its share price.
Several factors can help Amazon remain profitable in the years ahead. For instance, if AWS maintains dominance in cloud computing, it could boost Amazon’s stock price.
Other key factors include the company’s ability to expand its e-commerce business into new markets. Increasing efficiency through robotics and automation also can help cut costs.
There are many moving pieces. Amazon may continue facing regulatory scrutiny and union pressure. Investors may be rewarded if Amazon can navigate obstacles while growing key parts of the business.
2.Pubulic $Amazon.com(AMZN)$ stock forecast for 2025
Amazon’s revenue could be as high as $821.5 billion in 2025, compared to $574.8 billion in 2023.
Amazon stock increased more than 40% year over year as of June 5, 2024. But it isn't guaranteed to continue rising at this pace.
Some predictions of Amazon stock suggest it could reach about $230 per share by the beginning of 2025.
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Yeah all AMZN can reply on is the AWS service….