$Amazon.com(AMZN)$Great run up in the past 3months, but is that it?
According to tip ranks consensua estimate, Amazon target price is $176 in the next 1 year and that's ~25% upside potential for the business.
Amazon has an amazing cloud business and it is now working to improve on its retail business as well. It has been making efforts to learn from the great features developed by Tik Tok to capture the hearts of users.
Love how the beast is continuously seeking to improve and grow despite its current great success!
Fellow Tiger community, do you love Amazon stock too? Let me know!
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- BillyWilliams·2022-08-19I wasn't expecting Amazon was doing a good business this year but it turned out it did.1Report
- WernerBilly·2022-08-19We can take a small dip if it falls today.1Report
- drandy·2022-08-20that's assuming that a recession doesn't hit the US. AMZN is a good blue chip but 5 years might be a better long term horizon, given current short term volatility due to the macroeconomic environment.LikeReport
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